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please help asap! Sarasota Company is considering two new projects, each requiring an equipment investment of $99,500. Each project will last for three years and
please help asap!
Sarasota Company is considering two new projects, each requiring an equipment investment of $99,500. Each project will last for three years and produce the following cash flows: The equipment will have no salvage value at the end of its three-year life. Sarasota Company uses straight-line depreciation and requires a minimum rate of return of 12%. Present value data are as follows: Compute the net present value of each project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answers to 0 decimal places, e.g. 5,275.) Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above Step by Step Solution
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