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  3. a business is considering an investment alternativ

A business is considering an investment alternative that has the following projected information: ...

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Accounting

  1. A business is considering an investment alternative that has the following projected information:

Upfront investment cost $60,000

Life of investment 10 years

Minimum required rate of return 8%

Annual cash flows:

Cash revenues ?

Cash expenses $20,000

Determine the MINIMUM amount of annual revenues that must be generated by this investment in order to for it to be an acceptable investment using NPV.

Last response doesn't make any sense at all

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