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Beene Distributing is considering a project that will return $255,000 annually at the end of each year for the next nine years. If Beene demands
Beene Distributing is considering a project that will return $255,000 annually at the end of each year for the next nine years. If Beene demands an annual return of 7% and pays for the project immediately, how much is it willing to pay for the project? (PV of$1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round PVA factor to 4 decimals.) p (PV of an Annuity) Periodic Cashrdinary -Present Value Flow
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