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  3. calculate npv and payback period given: $142,000 i

Calculate NPV and Payback Period given: $142,000 initial cost payments of $10,000 a month for...

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Finance

Calculate NPV and Payback Period given:

$142,000 initial cost

payments of $10,000 a month for 5 years

5 year salvage value is $40,000

The discount rate to be used is 7%

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