Question: View Policies Current Attempt in Progress What is the present value of an investment in equipment that is expected to provide annual earnings of $61500

View Policies Current Attempt in Progress What is the present value of an investment in equipment that is expected to provide annual earnings of $61500 for 15 years and to have a resale value of $121500 at the end of that period? Assume a 12% rate and earnings at year-end. The present value of 1 at 12% for 15 periods is 0.18270. The present value of an ordinary annuity at 12% for 15 periods is 6.81086. The future value of 1 at 12% for 15 periods is 5.47357. O $845360 O $441066 O $418868 O $521045 e Textbook and Media Save for Later Attempts: 0 of 2 used Submit

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