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QUESTION 12 What is the net present value of equipment that requires an initial investment of $40,000, produces net cash inflows of $5,000 per year

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QUESTION 12 What is the net present value of equipment that requires an initial investment of $40,000, produces net cash inflows of $5,000 per year for 10 years, and can be sold for $10,000 at the end of the tenth year if the appropriate discount rate is 6%7

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