Answered

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M Corporation has provided the following data concerning an investment project that it is considering: Initial investment$220,000 Annual cash flow $129,000per year Expected life of the project 4years Discount rate 9% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:

Sagot :

Answer:

$197,923.86

Explanation:

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