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Does the investment meet the required rate of return

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Christopher purchased two trucks for her warehouse for a total of $67,000. This investment saved her $12,000 every year for 9 years. At the end of year 9, she sells both the trucks for a total of $8,500.

Problem A) What is the Net Present Value (NPV) of the investment if the required rate of return is 7%?

Problem B) Does the investment meet the required rate of return?

Reference no: EM132966358

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