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Charlie's Calculator Company is considering purchasing a machine costing $35,000 that will automate the production of its product. Charlie estimates that cash flow generated from
Charlie's Calculator Company is considering purchasing a machine costing $35,000 that will automate the production of its product. Charlie estimates that cash flow generated from selling calculators will be $15,000 a year for 6 years. Question: What is the Net Present Value of this investment if the desire rate of return is 10%? $22,336.00 O $30,329.50 $65,329.50 O $117,435.50
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