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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 with a four-year life and
Required information [The following information applies to the questions displayed below.] Project Y requires a $304,500 investment for new machinery with a four-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 FVA of $1 ) Note: Use appropriate factor(s) from the tables provided. 4. Determine Project Y's net present value using 8% as the discount rate. Note: Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole dollar
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