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John kirk owns a golf course and wants to add computers to the lounge. The cost of computers is 15000, 3 year life, no residual

John kirk owns a golf course and wants to add computers to the lounge. The cost of computers is 15000, 3 year life, no residual value, expected to generate 12000 annual cash flows, discount rate 8 %. Should he make an investment and why?

Please show all calculations and formulas

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