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Required information The following information applies to the questions displayed below. A company is considering investing in a new machine that requires a cash payment
Required information The following information applies to the questions displayed below. A company is considering investing in a new machine that requires a cash payment of $50,949 today. The machine will generate annual cash flows of $22,314 for the next three years. Assume the company uses an 10% discount rate. Compute the net present value of this investment. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chart Values are Based on Cash Flow Select Chart Amount PV Factor P Present Value Annual cash flow Net present value
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