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QUESTION 16 9% Home Express Moving Company is considering purchasing new equipment that costs 5728.000. management estimates that the equipment will generate cash inflows of
QUESTION 16 9% Home Express Moving Company is considering purchasing new equipment that costs 5728.000. management estimates that the equipment will generate cash inflows of $50,000 semiannually for its 2 year life. Present value of $1: 6% 7% 8% 10% 1 0.943 0.935 0.926 0.917 0.909 2 0.890 0.873 0.857 0.842 0.826 3 0.840 0.816 0.794 0.772 0.751 0.792 4 0.763 0.735 0.708 0.683 0.681 0.747 0.713 0.621 0.650 5 The company's annual required rate of return is 14%. Using the factors in the table, calculate the present value of the cash flows $235,750 $200,000 $152,600 $100,000 al Saue All Answers to save all answers
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