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purchased some equipment 3 years ago. The company's required rate of return is 12%. and the present value of the project was $(900) Annual cost

purchased some equipment 3 years ago. The company's required rate of return is 12%. and the present value of the project was $(900) Annual cost savings were $10000 for year 1 $8000 for year 2 and $6000 for year 3. The amount of the initial investment was

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