Question: 1. Practice Problem 9-1 eBook Wandering RV is evaluating a capital budgeting project that is expected to generate $31,250 per year during its four-year life.

1. Practice Problem 9-1 eBook Wandering RV is evaluating a capital

1. Practice Problem 9-1 eBook Wandering RV is evaluating a capital budgeting project that is expected to generate $31,250 per year during its four-year life. If its required rate of return is 12 percent, what is the value of the project to Wandering RV? Do not round intermediate calculations. Round your answer to the nearest cent. $

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