Question: Project Y requires a $ 3 3 9 , 0 0 0 investment for new machinery with a four - year life and no salvage

Project Y requires a $339,000 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1, FV of $1,
PVA of $1, and FVA of $1)
Note: Use appropriate factor(s) from the tables provided.
\table[[Annual Amounts,Project Y],[Sales of new product,$390,000
Project Y requires a $ 3 3 9 , 0 0 0 investment

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