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Novak Corp. is planning to replace an old asset with new equipment that will operate more efficiently. The following amounts may be relevant to this

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Novak Corp. is planning to replace an old asset with new equipment that will operate more efficiently. The following amounts may be relevant to this analysis. Then, find the NPV of the new investment. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places e.g. 5,125.36. Enter negative amounts using either a negative sign preceding the number, e.g. 5,125.36 or parentheses, e.g. (5,125.36).) Click here to view the factor table NPV $ TABLE 7.1 Future Value of 1 (Future Value of a Single Sum) (PV)= Future value Pavment [(1+R)N11 A)=RPayment(11+RN1) Present Value of an Annuity Due of 1

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