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Vexts Corporation is considering the purchase of new equipment costing $45,000. The projected anal cash inflow is $13.000 to be received at the end

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Vexts Corporation is considering the purchase of new equipment costing $45,000. The projected anal cash inflow is $13.000 to be received at the end of each year The machine has sellife of 4 years and salvage taurea 12% remon Its investiments. The present volue of an annuity of $1 for different periods follow 129 0.8929 1.6901 2.4018 3.0323 4 Compute the net present value of this investment rounded to the nearest whole dollad Mut Ch BILING SONA SC00

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