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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 yield income of

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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 yield income of $2,400 and net cash flow of $19,400 per year for three years. The machine costs $59,400 and has an estimated $8,400 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 EVA of \$1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.)

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