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Hangry Vending Machine Company is looking to expand its business by adding a new line of vending machines. The management team is considering expanding into
Hangry Vending Machine Company is looking to expand its business by adding a new line of vending machines. The management team is considering expanding into either soda machines or snack machines. Following is the relevant financial data relating to the decision: Present Value of $1 Periods456789101112PresentValueofAnnuityof$1Periods4567891011126%0.7920.7470.7050.6650.6270.5920.5580.5270.4976%3.4654.2124.9175.5826.2106.8027.3607.8878.3848%0.7350.6810.6300.5830.5400.5000.4630.4290.3978%3.3123.9934.6235.2065.7476.2476.7107.1397.53610%0.6830.6210.5640.5130.4670.4240.3860.3500.31910%3.1703.7914.3554.8685.3355.7596.1456.4956.81412%0.6360.5670.5070.4520.4040.3610.3220.2870.25712%3.0373.6054.1114.5644.9685.3285.6505.9386.19414%0.5920.5190.4560.4000.3510.3080.2700.2370.20814%2.9143.4333.8894.2884.6394.9465.2165.5535.660 A. $180,000 B. $78,500 C. ($220,600) D. $140,600
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