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The Following Present Value Factors Are Provided for Use in This

question 97

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The following present value factors are provided for use in this problem. The following present value factors are provided for use in this problem. Cliff Co. wants to purchase a machine for $40,000, but needs to earn a return of 8%. The expected year-end net cash flows are $12,000 in each of the first three years, and $16,000 in the fourth year. What is the machine's net present value? A) $(9,075) . B) $2,685. C) $42,685. D) $(28,240) . E) $52,000. Cliff Co. wants to purchase a machine for $40,000, but needs to earn a return of 8%. The expected year-end net cash flows are $12,000 in each of the first three years, and $16,000 in the fourth year. What is the machine's net present value?

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