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(LO 10) The following present value factors are provided for use in this problem. 34 Present Value Present Value of an Periods of $1 at
(LO 10) The following present value factors are provided for use in this problem. 34 Present Value Present Value of an Periods of $1 at 8% Annuity of $1 at 8% 0.9259 0.9259 IN P 02:29:28 0. 8573 1.7833 W 0.7938 2.5771 A 0.7350 3. 3121 Xavier Co. wants to purchase a machine for $36.800 with a four year life and a $1,000 salvage value. Xavier requires an 8% return on investment. The expected year-end net cash flows are $11,800 in each of the four years. What is the machine's net present value?
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