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Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) A company is investing in a solar

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Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $118,174.60 today. The system is expected to generate net cash flows of $10,139 per year for the next 35 years. The investment has zero salvage value. QS 26-15 Net present value LO P3 The company requires an 7% return on its investments. 1-a. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Should the project be accepted? Required 1A Required 1B Compute the net present value of this investment. Chart Values are based on: n = % Select Chart Amount PV Factor = Present Value Cash Flow Annual cash flow Net present value Should the project be accepted? Should the project be accepted

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