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Business, 17.04.2020 03:18 TPug24

Jacobs Company is considering the purchase of a new 3-D printer that will allow the company to expand its product offerings. The purchase price is $150,000 and the printer is expected to produce income over the new 6 years. If Jacobs requires a 10% return on the investment, what minimum yearly cash inflow would be necessary for the company to go forward with the project? Round your answer to the nearest dollar.

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