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ikrabbe ikrabbe
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7 years ago
Tamia Industries plans to replace the outdated equipment that will cost the company $100 000.00 now and $60 000.00 six years from now. This replacement will result in revenues of $6000.00 at the end of each quarter for twelve years. At an interest rate of 9% compounded annually and using the Net Present Value criterion, should the company replace this equipment or not?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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7 years ago
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ikrabbe Author
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7 years ago
Thank you, thank you, thank you!
taydav
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Thanks
aricketts6@
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2 hours ago
Correct Slight Smile TY
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