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Pablo Company is considering buying a machine that will yield income of $ 2 , 0 0 0 and net cash flow of $ 1

Pablo Company is considering buying a machine that will yield income of $2,000 and net cash flow of $18,000 per year for three years. The machine costs $57,600 and has an estimated $9,600 salvage value. Pablo requires a 10% return on its investments. Compute the net present value of this investment.

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