Question: A manufacturer is considering purchasing equip- ment which will have the following financial effects: Year Disbursements Receipts 0 $4400 $ 0 660 880 660 1980

A manufacturer is considering purchasing equip- ment which will have the following financial effects: Year Disbursements Receipts 0 $4400 $ 0 660 880 660 1980 3 440 2420 4 220 1760 ANO If money is worth 6%, should he invest in the equipment
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