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Thimble Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual net cash inflow Expected life of

Thimble Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual net cash inflow Expected life of the project Discount rate $360,000 $118,000 4 12% per year Years Compute the net present value of the project. Show your work for chance at partial credit.

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