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PA 1 1 - 1 ( Algo ) Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return [ LO

PA11-1(Algo) Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return [LO 11-1,11-2,11-3,11-4]
Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.)
Note: Use appropriate factor(s) from the tables provided.
\table[[Initial investment (for two hot air balloons),$408,000
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