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Avondale Clinic updated its exam rooms with new equipment totaling $100,000. The cash inflow from using the rooms is expected to be $30,000 per year

Avondale Clinic updated its exam rooms with new equipment totaling $100,000. The cash inflow from using the rooms is expected to be $30,000 per year for 8 years. Avondale uses a 15% cutoff rate.
What is the net present value?

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