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Enformation for two alternative projects involving machinery investments follows. Project 1 requires an inallat investment of $134,400 Project 2 requires an initial imvestment of $101,700.

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Enformation for two alternative projects involving machinery investments follows. Project 1 requires an inallat investment of $134,400 Project 2 requires an initial imvestment of $101,700. Assume the company requires a 10% rate of return on its investiments. (P? of 51,8y of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) Compute the net present value of each potential investment. Use 7 years for Project 1 and 5 years for Profoct 2 (Negntive net present values should be indiceted with a minus sign. Round your present value foctor to 4 decimals. Round your answers to the neorest whole doller.)

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