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revenues, Pharoahprojocts a net eah inflew froen the retreading machine of $4,100 amually for 11 vears. Pharoah hopes to earn a return of 11X on

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revenues, Pharoahprojocts a net eah inflew froen the retreading machine of $4,100 amually for 11 vears. Pharoah hopes to earn a return of 11X on such investiments. Cilckinere to view the factor table. for colcubtion parposen, une 5 dectinal plocer as doplayed in the foctor table provided) What is the present value of the retreafing operation? (Round answer to 2 dedmol places, es. 25.25). Presen volue Should Pharazi Geogal gurchase the retreading machne? Pharoah Geogal purchave the retreadirys machine

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