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Business, 20.07.2019 05:00 SassyBanana

Vextra corporation is considering the purchase of new equipment costing $44,500. the projected annual cash inflow is $12,900, to be received at the end of each year. the machine has a useful life of 4 years and no salvage value. vextra requires a 12% return on its investments. the present value of an annuity of $1 for different periods follows: periods 12% 1 0.8929 2 1.6901 3 2.4018 4 3.0373 what is the net present value of the machine?

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