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Required information [The following information applies to the questions displayed below.] Following is information on an investment in a manufacturing machine. The machine has
Required information [The following information applies to the questions displayed below.] Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 6% return from its investments. Initial investment Net cash flows: Year 1 Year 2 Year 3 $ (210,000) 155,000 108,000 111,000 Compute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar. Year 1 Year 2 Year 3 Totals Initial investment Net present value Present Value Present Value of Net Net Cash Flow Factor Cash Flows $ 0 $ 0 $ 0
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