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Sancore Inc. decided to invest in a project costing $35,000. It is assumed that all of $8,000 working capital will be recovered at the end of the project, which is four years. The opportunity cost of capital is 10%. Compute the present value of net non-recurring investment of the project. (Do not round intermediate calculation. Round the final answer to the nearest dollar.)
Improvement
The process of making something better or more effective through changes or adjustments.
Job Applicant
A person who applies for a position of employment, submitting their qualifications and experience for consideration.
Appreciation
Recognition and enjoyment of the good qualities of someone or something, often expressed as gratitude.
Competitive Applicants
Individuals who stand out in a selection process due to their qualifications, experience, or skills, making them strong contenders for a position or opportunity.
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