Question: Pablo Company ts considering buying a machine that will yield income of $2,400 and net cash flow of $16,000 per year for three years The
Pablo Company ts considering buying a machine that will yield income of $2,400 and net cash flow of $16,000 per year for three years The machine costs $51,600 and has an estimated $10,800 salvage value. Pablo requires a 5% return on its investments Compute the net present value of this investment. (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(S) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.)
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