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Required Information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] Following is Information on

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Required Information Use the following information for the Quick Study below. (Algo) [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 9% return from its investments. QS 24-20 (Algo) Net present value with uneven cash flows and salvage value LO P3 Assume that Instead of a zero salvage value, as shown above, the machine has a salvage value of $28,000 at the end of Its three-year Iff. Compute the machine's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use approprlate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.)

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