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The Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $256,000 and will yield
The Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $256,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 years, and it requires a 9% return on investments. (P V of $1,F V of $1,P V A of $1, andF V A of $1)
(Use appropriate factor(s) from the table provided.)
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