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Park Co. is considering an investment that requires immediate payment of $30,490 and provides expected cash inflows of $8,800 annually for four years. If Park
Park Co. is considering an investment that requires immediate payment of $30,490 and provides expected cash inflows of $8,800 annually for four years. If Park Co. requires a 5% return on its investments. QS 25-2 Net present value LO P3 1-a. What is the net present value of this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.)
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