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You are considering purchasing a new piece of equipment for your factory. The equipment will cost $4,200 and can be used
Posted: Wed Jul 06, 2022 6:33 pm
by answerhappygod
- You Are Considering Purchasing A New Piece Of Equipment For Your Factory The Equipment Will Cost 4 200 And Can Be Used 1 (81.67 KiB) Viewed 23 times
You are considering purchasing a new piece of equipment for your factory. The equipment will cost $4,200 and can be used for three years. If you do purchase it, you will earn $1,540 one year from now, $1,694 two years from now, and $1,863.4 three years from now. The net present value of this investment if the interest rate is 10 percent is $. (Round your response to two decimal places and include a minus sign if necessary.)