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Vextra Corporation is considering the purchase of new equipment costing $35,500. The projected annual cash Inflow is $11,100, to be recelved at the end of
Vextra Corporation is considering the purchase of new equipment costing $35,500. The projected annual cash Inflow is $11,100, to be recelved at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requilres a 12% retum on its investments. The present value of an annulty of $1 for dlifferent perlods follows: Compute the net present value of this Investment (rounded to the nearest whole dollar). Multiple Cholce $(3,200) $35,500 $(33,714). $3,714 $(1,786)
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