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Present value of $1 Periods 4% 8% 10% 12% 14% 1 0.96154 0.92593 0.90909 0.89286 6% 0.94340 0.89000 0.83962 0.87719 2 0.85734 0.92456 0.88900 0.82645

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Present value of $1 Periods 4% 8% 10% 12% 14% 1 0.96154 0.92593 0.90909 0.89286 6% 0.94340 0.89000 0.83962 0.87719 2 0.85734 0.92456 0.88900 0.82645 0.79719 0.76947 3 0.79383 0.75131 0.67497 4 0.85480 0.79209 0.71178 0.63552 0.73503 0.68301 0.59208 5 0.82193 0.74726 0.68058 0.62092 0.56743 0.51937 6 0.79031 0.70496 0.63017 0.56447 0.50663 0.45559 7 0.75992 0.58349 0.51316 0.45235 0.39964 8 0.54027 0.46651 0.40388 0.35056 0.66506 0.62741 0.59190 0.55839 0.73069 0.70259 0.67556 9 0.50025 0.42410 0.36061 0.30751 10 0.46319 0.38554 0.32197 0.26974 Present value of an annuity of $1 Periods 8% 10% 12% 14% 4% 0.96154 1 6% 0.94340 1.83339 0.92593 0.89286 0.87719 2 1.88609 1.78326 0.90909 1.7355 2.48685 1.69005 1.64666 3 2.77509 2.67301 2.57710 2.40183 2.32163 4 3.62990 3.46511 3.31213 3.16987 3.03735 2.91371 5 4.45182 4.21236 3.99271 3.79079 3.60478 3.43308 6 5.24214 4.62288 4.35526 4.11141 3.88867 7 6.00205 4.91732 5.58238 6.20979 5.20637 4.86842 4.56376 4.28830 8 6.73274 5.74664 5.33493 4.96764 4.63886 9 7.43533 6.80169 6.24689 5.75902 5.32825 4.94637 10 8.11090 7.36009 6.71008 6.14457 5.65022 5.21612 Zeta Corp. is considering an investment in a new equipment that will cost $300,000. The equipment is expected to yield cash inrows of $50,000 per year for a five year period. At the end of the nith year, the firm expects to recover $150,000 from the sale of the equipment. Zeta set a required rate of return at 10%. What is the net present value of the investment? (Note: Use the discount tables provided and round each present value calculation to the nearest dollar.) $33,092 (5557,188)

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