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majarm majarm
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6 years ago
A company buys equipment for $15 000 today and has annual net cash inflows of $6000 for 3 years. The discount rate is 12% compounded annually. What is the Net Present Value (NPV)?
A) -$525.90
B) $552.90
C) $992.50
D) $652.90
E) -$652.90
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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#1
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6 years ago
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majarm Author
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6 years ago
This helped my grade so much Perfect
dri
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Yesterday
Smart ... Thanks!
nadiia
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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