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Ax years ago, Neighborhood Hardware paid a contractor $69,000 to expond the store. At that time, the company calculated a net present value of about

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Ax years ago, Neighborhood Hardware paid a contractor $69,000 to expond the store. At that time, the company calculated a net present value of about 8,400 for the expansion. Now, the company believes that the investment increased annual cash inflows by $10,400 per year for each of the six year5. The company has a desired rate of return of 12%. Ignoring income tax considerations, what was the net present value actually achieved for this capital nvestment? (eV of S1 and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to the nearest dollar. Muriple Cholice 542759 5(15.013 196240 14300 Pr Present Value of an Annuity of $1

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