Question: Beene Distributing is considering a project that will return $155,000 annually at the end of each year for the next seven years. If Beene demands
Beene Distributing is considering a project that will return $155,000 annually at the end of each year for the next seven years. If Beene demands an annual return of 8 % and pays for the project immediately, how much is it willing to pay for the project? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "PV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) p (PV of an Ordinary Annulty) Periodic Cash Flow Present Value x 155,000 x
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