What is the net present value of the proposed upgrade

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By spending $20K now, $25K three years from now, and $30K five years from now to upgrade presently owned equipment, a company can increase its annual revenue by $15K in years 1 through 5 and by $18K per year in years 6 through 10. At an interest rate of 6% per year, compounded yearly, what is the net present value of the proposed upgrade?

Reference no: EM13833362

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