Question: A company is considering investing in a new machine that requires an initial investment of $51,939. The machine will generate annual net cash flows of

A company is considering investing in a new machine that requires an initial investment of $51,939. The machine will generate annual net cash flows of $20,885 for the next three years. The company uses an 7% discount rate. Compute the net present value of this investment. (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chart Values are Based on: Cash Flow Select Chart Annual cash Bow Net present value % Amount X PV Factor -Present Value

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