Cardinal Company is considering a five-year project that would require a $2,945,000 investment in equipment...
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Cardinal Company is considering a fiveyear project that would require a $ investment in equipment with a useful life of five years and no salvage value. The company's discount rate is The project would provide net operating income in each of five years as follows: Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using table. What is the present value of the project's annual net cash inflows? Round your final answer to the nearest whole dollar amount. 
Cardinal Company is considering a fiveyear project that would require a $ investment in equipment with a
useful life of five years and no salvage value. The company's discount rate is The project would provide net operating
income in each of five years as follows:
Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using table.
What is the present value of the project's annual net cash inflows? Round your final answer to the nearest whole dollar amount.
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