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Home Q & A Board Science-Related Homework Help Mathematics
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zbuild007 zbuild007
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A year ago
An investment of $24,000 on a new computer system should increase annual profit by $8,000 for the first three years and $12,000 for the following two years. We expect it to be obsolete after five years. If a return of 25% compounded annually is required, what is the net present value of this computer system?

▸ -$463

▸ $463

▸ $2,794

▸ -$2,794

▸ $9,278
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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jmoline2jmoline2
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A year ago
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