Explain financial effects

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Reference no: EM13176550

a manufacturer is considering purchasing equipment, which will have the following financial effects:

Year Disbursements Receipts

0 $4400 $0

1 660 880

2 660 1980

3 440 2420

4 220 1760

If money is worth 6%, should he invest in the equipment?

Reference no: EM13176550

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