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Home Express Moving Company is considering purchasing new equipment that costs $724,000. Its management estimates that the equipment will generate cash inflows as follows: A.

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Home Express Moving Company is considering purchasing new equipment that costs $724,000. Its management estimates that the equipment will generate cash inflows as follows: A. $904,000 B. $856,700 Year12345$200,000200,000270,000270,000162,000 Present value of $1 : 12346%0.9430.8900.8400.7927%0.9350.8730.8160.7638%0.9260.8570.7940.7359%0.9170.8420.7720.70810%0.9090.8260.7510.683 123456%0.9430.8900.8400.7920.7477%0.9350.8730.8160.7630.7138%0.9260.8570.7940.7350.6819%0.9170.8420.7720.7080.65010%0.9090.8260.7510.6830.621 The company's annual required rate of return is 9%. Using the factors in the table, calculate the present value of the cash fows. (Round all calculations to the nearest whole dollar.) A. $904,000 B. $856,700 The company's annual required rate of return is 9%. Using the factors in the table, calculate the present value of the cash flows. (Round all calculations to the nearest whole dollar.) B. $856,700 C. $848,631 D. $9902.000

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