Exhibit 13-B 1: Present value of $1 table Exhibit 13-B 2: Present value...
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Exhibit 13-B 1: Present value of $1 table Exhibit 13-B 2: Present value of annuity of $1 in arrears table 
Joetz Corporation has gathered the following data on a proposed investment project (ignore income taxes) $32,000 $6,800 Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return 15 years 10% The company uses straight-line depreciation on all equipment Assume cash flows occur uniformly throughout a year except for the initial investment Click here to view Exhibit 13B-1 and The internal rate of return of the investment is closest to Cick here to view Exhibit 138-1 andiExholB to determine the appropriate discount factorts) using the tables provided
Exhibit 13-B 1: Present value of $1 table
Exhibit 13-B 2: Present value of annuity of $1 in arrears table
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