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Quail Company is considering buying a food truck that will yield net cash inflows of $13,800 per year for seven years. The truck costs $40,000
Quail Company is considering buying a food truck that will yield net cash inflows of $13,800 per year for seven years. The truck costs $40,000 and has an estimated $6,300 salvage value at the end of the seventh year. (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 12% return
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