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Gomez is considering a $230,000 investment with the following net cash flows. Gomez requires a 12% return on its Investments. (PV of $1. FV of

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Gomez is considering a $230,000 investment with the following net cash flows. Gomez requires a 12% return on its Investments. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 Year 2 Year 3 Year 4 Year 5 Net cash flows $70,000 $43,000 $73,000 $167,000 $44,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar) Year Net Cash Flows Present Value of 1 at 12% Present Value of Net Cash Flows Year 1 Year 2 Year 3 Year 4 Year 5 Totals Initial Investment Net present value $ 70,000 43,000 73,000 167,000 44,000 $ 397,000 $ 0 $ 0

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