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At the end of each of the next four years, a new machine is expected to generate net cash flows of $10,000, $13,500, $13,500, and
At the end of each of the next four years, a new machine is expected to generate net cash flows of $10,000, $13,500, $13,500, and $18,500, respectively. What are the cash flows worth today if a 12% interest rate properly reflects the time value of money in this situation? (FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $55,500 $41,057 $42,257 $29.300
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