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You MUST use the TI BA II calculator features ( N , I / Y , PV , PMT , FV , AMORT ) to

You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions whenever possible. 5. A company is considering a project that will require a cost outlay of $15,000 at the beginning of the year for four years. At the end of the project the salvage value will be $10,000. The project will yield returns of $60,000 at the end of Year 4 and $20,000 at the end of Year 5. There are no returns after Year 5. Alternative investments are available that will yield a return of 16%.
Should the company undertake the project?

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