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Required information The following information applies to the questions displayed below A company is investing in a solar panel system to reduce its electricity costs.
Required information The following information applies to the questions displayed below A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $115,174.60 today. The system is expected to generate net cash flows of $10,899 per year for the next 35 years. The investment has zero salvage value. The company requires an 8% return on its investments. 1-a. 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 | x | PV Factor! = Present Value Annual cash flow 0.00 Net present value
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