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The following present value factors are provided for use in this problem. Present Value Present Value of an Periods DE $1 at 89 Annuity of

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The following present value factors are provided for use in this problem. Present Value Present Value of an Periods DE $1 at 89 Annuity of $1 at 83 1 0.9259 0.9259 2 0.8573 1.7833 3 0.7938 2.5771 4 0.7350 3.3121 Xavier Co wants to purchase a machine for $37,900 with a four year life and a $1,000 salvage value. Xavier requires an 8% return on investment. The expected year-end net cash flows are $12.900 in each of the four years. What is the machine's net present value? Multiple Choice $14.825) $4,826 $43.461

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