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What would be the net present value of a microwave oven that costs $240 and will save you $71 a year in time and
What would be the net present value of a microwave oven that costs $240 and will save you $71 a year in time and food away from home? Assume an average return on your savings of 6 percent for five years. Use Exhibit 1-D. (Round time value factor to 3 decimal places, intermediate and final answers to 2 decimal places.) Net present
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