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(Ignore income taxes in this problem.) Juliar Inc. has provided the following data concerning a proposed investment project: Initial Investment 160,000 Life of the project

(Ignore income taxes in this problem.) Juliar Inc. has provided the following data concerning a proposed investment project:

Initial Investment 160,000
Life of the project 8 years
Annual net cash inflows 40,000
Salvage Value 24,000

The company uses a discount rate of 12%. Required: Show your work Compute the net present value of the project.

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