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johnson Question 46 (1 point) Johnson Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of
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Question 46 (1 point) Johnson Corp. has an 8% required rate of return. It's considering a project that would provide annual cost savings of $50,000 for 5 years. The most that Johnson would be willing to spend on this project is Present Value PV of an Annuity Year of 1 at 8% of 1 at 8% .926 .926 2 .857 1.783 .794 2.577 .735 3.312 5 .681 3.993 3 4 $34,050. $165,600. $199,650. $125,910 Step by Step Solution
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Auditing A Practical Approach
Authors: Robyn Moroney
1st Canadian Edition
978-1118472972, 1118472977, 978-1742165943
