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You are considering investing $175000 in a project that will generate cash flows of $30000 per year for 8 years and have a salvage value

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You are considering investing $175000 in a project that will generate cash flows of $30000 per year for 8 years and have a salvage value of $25000. If your cost of capital is 11%, what is the net present value (NPV) of the investment? (Put a minus in front of the number if your NPV is negative.) If you want to withdraw $30000 each year for 40 years, how much would you need to have saved today to fund these withdrawals? (Assume a 10% annual return.)

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