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You are given the following financial data about a new system to be implemented at a company: Investment cost at n = 0: $10,000 Inversin
You are given the following financial data about a new system to be implemented at a company:
Investment cost at n = 0: $10,000 Inversin a n = 0: $10,000 Investment cost at n = 1: $15,000 Inversin a n = 1: $15,000 Useful life: 10 years;
$5,000 Annual revenues: $12,000 per year;
Annual expenses: $6,000 per year; 10% MARR: 10%
Note: The first revenues and expenses will occur at the end of year two. Fill in the missing values in the table.
Period Cash Flow Cumulative Cash Flow 0Step by Step Solution
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