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Sam Is Considering the Purchase of a Vending Machine to Sell

question 28

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Sam is considering the purchase of a vending machine to sell sodas. The cost of the vending machine is $3,400. Sam estimates that the vending machine will last for five years and will provide net income of $800 each year for its lifetime. If Sam pays $3,400 for the vending machine today, the net present value at 5% is $____.

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A graphical representation that uses icons instead of textual descriptions or numerical values to display information.

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