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Problem 8-6 Calculating the Present Value of o Consumer Purchose [LO8-2] What would be the net present value of a miciowave oven that costs $169
Problem 8-6 Calculating the Present Value of o Consumer Purchose [LO8-2] What would be the net present value of a miciowave oven that costs $169 and wil seve you 569 a year in time ond food away from home? Assume an overage return on your savings of 5 percent for five years. Use fatiort:0 (Round time value factor to 3 decimal places and answer to 2 decimal places.)
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