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Marigold Corp. has an 8% required rate of return. Its considering a project that would provide annual cost savings of $34000 for 5 years. The
Marigold Corp. has an 8% required rate of return. Its considering a project that would provide annual cost savings of $34000 for 5 years. The most that Johnson would be willing to spend on this project is Year Present Value of 1 at 8% PV of an Annuity of 1 at 8% 1 0.926 0.926 2 0.857 1.783 3 0.794 2.577 4 0.735 3.312 5 0.681 3.993 $135762. $23154. $112608. $85619.
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