Question: please help now !! Required information [The following information applles to the questions displayed below] Cardinal Company is considering a five-year project that would require
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Required information [The following information applles to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,955,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhlbit128-2, to determine the appropriate discount factor(s) using table, What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount.) EXHIBIT 128-1 Present Value of 51: (1+)1 EXHIBrT 12B-2. Present Value of an Annuity of $1 in Arrears: 21[1ti+F1]
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