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Maps News Translate mework Seved Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below)

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Maps News Translate mework Seved Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below) Peng Company is considering an investment expected to generate an average net income after taxes of $2.900 for three years. The investment costs $46,800 and has an estimated $10.500 salvage value QS 26-8 Net present value LO P3 Assume Peng requires a 5% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation. (PV of $1. EV of S1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Amount X PV Factor Select Chart Present Value of an Annuity of 1 Cash Flow Annual cash flow Residual value = Present Value $ 0 Net present value

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