Determine the present value of investment in equipment

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Calculate for the following: Determine the present value of an investment in equipment if it is expected to provide annual savings of $67200 for 26 years and has a resale value of $11800 at the end of that period. Assume an interest rate of 11 % and the savings are realized at year-end. Show your final answer and show all the work to support your answer.

Reference no: EM131292644

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Determine the present value of investment in equipment : Determine the present value of an investment in equipment if it is expected to provide annual savings of $67200 for 26 years and has a resale value of $11800 at the end of that period. Assume an interest rate of 11 % and the savings are realized at y..
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