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QS 24-17 (Algo) Net present value of annuity and salvage value LO P3 Pablo Company is considering buying a machine that will yleld Income of
QS 24-17 (Algo) Net present value of annuity and salvage value LO P3 Pablo Company is considering buying a machine that will yleld Income of $3,500 and net cash flow of $16,800 per year for three years. The machine costs $50,100 and has an estimated $10,200 salvage value. Pablo requires a 10% return on Its Investments. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and (Use approprlate factor(s) from the tables provided. Negatlve amounts should be Indlcated by a minus sign. Round your present value factor to 4 decimals.) QS 24-17 (Algo) Net present value of annuity and salvage value LO P3 Pablo Company is considering buying a machine that will yleld Income of $3,500 and net cash flow of $16,800 per year for three years. The machine costs $50,100 and has an estimated $10,200 salvage value. Pablo requires a 10% return on Its Investments. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and (Use approprlate factor(s) from the tables provided. Negatlve amounts should be Indlcated by a minus sign. Round your present value factor to 4 decimals.)
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