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Enviro Group's Ocean Exploration project using the Cyborg Jellyfish has projected annual cash savings of $18,000 for the next eight years. The initial investment for

Enviro Group's Ocean Exploration project using the "Cyborg Jellyfish" has projected annual cash savings of $18,000 for the next eight years. The initial investment for this project is $75,000 and the required rate of return is 20%. Draw the cash flow diagram for this project and calculate the net present value manually. Should the company invest in this project?

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