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Business, 03.12.2019 21:31 faithkristi

Poe company is considering the purchase of new equipment costing $88,500. the projected annual cash inflows are $38,700, to be received at the end of each year. the machine has a useful life of 4 years and no salvage value. poe requires a 10% return on its investments. the present value of $1 and present value of an annuity of $1 for different periods is presented below. compute the net present value of the machine.\

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Poe company is considering the purchase of new equipment costing $88,500. the projected annual cash...
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