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If using excel, please state the formulas you used. Thank you. An investment on a machinery can yield following cash flow for 8 years and
If using excel, please state the formulas you used. Thank you. 
An investment on a machinery can yield following cash flow for 8 years and in the end of the 8th year resale value will be 15,000 dollars. How much can be invested on this machinery at the present time, considering the interest rate of 10% compounded annually. Please explain your work in detail. C: Cost, I: Income, L: Salvage Value Step by Step Solution
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
