Beene Distributing is considering a project that will return $215,000 annually at the end of...
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Accounting
Beene Distributing is considering a project that will return $215,000 annually at the end of each year for the next seven years. If Beene demands an annual return of 6% and pays for the project immediately, how much is it willing to pay for the project? (PV of $1, FV of $1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.)
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