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purchased a new machine on 2 January 1 for $350,000. The machine is expected to have a useful life of 8 years and no salvage

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purchased a new machine on 2 January 1 for $350,000. The machine is expected to have a useful life of 8 years and no salvage value. PV= $371,120 IRR 14%. What was the annual cash inflow that was used in the ?calculation of the present value A) $350,000 x 0.351 O B) $350,000 = 4.639 O C) $371,120 x 0.351 O D) $371,120 = 4.639 O

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