Time remaining:0:35:08 30. value 4.28 points A company is considering the purchase of new equipment...
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Time remaining:0:35:08 30. value 4.28 points A company is considering the purchase of new equipment for $66,000. The projected annual net cash flows are $26.700. The machine has a useful life of 3 years and no salvage Value Management of the company requires a 10% return on investment. The present value of an annuity of 1 for various periods follows: Perods 1 Precent value of an annuity of lat 10% 0 .9091 17355 2 .4869 2 3 What is the net present value of this machine assuming all cash flows occur O $63,913 O $22.000 $3,700 O $25.700 O $400
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