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Project Y requires a $346,500 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash

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Project Y requires a $346,500 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1,EV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided.) Problem 24-2A (Algo) Part 3 3. Compute Project Y's accounting rate of return. Project Y requires a $346,500 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of \$1, FV of \$1, PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) Problem 24-2A (Algo) Part 4 4. Determine Project Y's net present value using 8% as the discount rate. (Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar.)

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