Blossom Googal owns a garage and is contemplating purchasing a tire retreading machine for $ 2 2
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Blossom Googal owns a garage and is contemplating purchasing a tire retreading machine for $ After estimating costs and revenues, Blossom projects a net cash inflow from the retreading machine of $ annually for years. Blossom hopes to earn a return of on such investments.
Click here to view the factor table
What is the present value of the retreading operation? For calculation purposes, use decimal places as displayed in the factor table provided. Round answer to decimal places, eg
Present value $
Should Blossom Googal purchase the retreading machine?
Blossom Googal purchase the retreading machine.
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