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EX 1 6 - 2 4 ( Algo ) Net Present Value ( Section 1 ) ( LO 1 6 - 1 ) Required: Compute

EX 16-24(Algo) Net Present Value (Section 1)(LO 16-1)
Required:
Compute the new well's net present value. Should the governing board approve the new well?
Note: Round your final answer to the nearest dollar amount.
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