What net yearly savings are needed to justify its purchase

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1. An investment pays S10 000 every five years, starting in seven years, for a total of four payments. If interest is 9%, how much is this investment worth todav?

2. An industrial juicer costs $45 000. It will be used for five years and then sold to a remarketer for S25 000. If interest is 15%, what net yearly savings are needed to justify its purchase?

Reference no: EM131355816

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