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Required information [The following information applies to the questions displayed below.] Project ( Y ) requires a ( $ 304,500 ) investment for new machinery
Required information [The following information applies to the questions displayed below.] Project \\( Y \\) requires a \\( \\$ 304,500 \\) investment for new machinery with a six-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of \\( \\$ 1 \\), FV of \\( \\$ 1 \\), PVA of \\( \\$ 1 \\), and \\( F V A \\) of \\( \\$ 1 \\) ) (Use appropriate factor(s) from the tables provided.) 4. Determine Project Y's net present value using \6 as the discount rate. (Do not round intermediate calculations. Round your oresent value factor to 4 decimals and final answers to the nearest whole dollar.)
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