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SER Assume that a company is considering buying a new piece of equipment for $250.000 that would have a useful life of five years and

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SER Assume that a company is considering buying a new piece of equipment for $250.000 that would have a useful life of five years and a salvage value of $31.000 The equipment would generate the following estimated annual revenues and expenses Revenues $ 120,000 Less operating expenses: Commissions $ 15,00 Insurance 5,000 Depreciation 43,400 Maintenance , 93,40e Net operating income $ 26,600 Click here to view Exhibit 143_1 and Exhibit 118.2. to determine the appropriate discount factors) using the tables provided Assuming a discount rate of 17%, what is the net present value of this investment

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