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Windsor Co, purchased some equiprnent 3 years ago. The company's required rate of return is 12%, and the net present value of the project was

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Windsor Co, purchased some equiprnent 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $11200h. Annual cost savings were: $13000 for year 1; $9000 for year 2 ; and $5000 for year 3 . The amount of the initial investinent was 522818 $2142 $23542 $20418

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