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The following present value factors are provided for use in this problem Periodo 1 2 3 Present Value of $1 at 81 0.9259 0.8573 0.7938
The following present value factors are provided for use in this problem Periodo 1 2 3 Present Value of $1 at 81 0.9259 0.8573 0.7938 0.7350 Present Value of an Annuity of $1 at 88 0.9259 1.7833 2.5771 3.3122 Xavier Co. wants to purchase a machine for $37,800 with a four year life and a $1.200 salvage value, Xavier requires an 8% return on investment. The expected year-end net cash flows are $12,800 in each of the four years. What is the machine's net present value? Multiple Choice $4,595 $43.277 $(5,477
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