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TechWorld Inc. is considering investing in new equipment that costs $500,000. The equipment has a useful life of 5 years and is expected to generate

TechWorld Inc. is considering investing in new equipment that costs $500,000. The equipment has a useful life of 5 years and is expected to generate annual cash flows of $150,000. Calculate the equipment's net present value (NPV) using a discount rate of 10%.

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