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Find the present value of an investment in equipment

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Question

Find the present value of an investment in equipment if it is expected to provide annual savings of $38,000 for 10 years and to have a resale value of $51,000 at the end of that period. Assume an interest rate of 10% and that savings are realized at year end.

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132325585

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