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Posted earlier, was told 5041. It's not 5041. :( QUESTION 3 The following refers to a purchase of a machine by a company on January
Posted earlier, was told 5041. It's not 5041. :(
QUESTION 3 The following refers to a purchase of a machine by a company on January 1, 2019 Salvage Value: Life: Desired Rate of Return Interest Compounded: Maximum amount the company can pay $7,500 6 years 4% semi-annually $32,348 What is annual net cash flow the company must achieve in order for the purchase to be made? A $5041 O B. $4141 O C. $3059 O D. $2350 E. s2500Step by Step Solution
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