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investment. The present value of an annuity of $1 for various periods follows: What is the net present value of this machine (rounded to the

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investment. The present value of an annuity of $1 for various periods follows: What is the net present value of this machine (rounded to the nearest whole dollar) assuming all cash flows occur at year-end? Multiple Cholce $78,977 $4,200 $31,200 $508 $27,000

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