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Cullumber Company is considering a long-term investment project called ZIP.ZIP will require an investment of $136,200. It will have a useful life of 4 years

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Cullumber Company is considering a long-term investment project called ZIP.ZIP will require an investment of $136,200. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $38.500. The company's required rate of return is 8%. Click here to view the factor table. Calculate the net present value on this project. (if the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses es (45). Round present value answer to decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value Whether this project should be accepted? The project should be eTextbook and Media Save for Later Attempts: 0 of 1 used Submit

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