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Exercise 26-14(Static) Net present value of an annuity LO P3 Information for two...

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Accounting

Exercise 26-14(Static) Net present value of an annuity LO P3
Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $135,000. Project 2 requires an initial investment of $98,000. Assume the company requires a 10% rate of return on its investments. (PV of $1,FV of $1, PVA of $1, and FVA of $1)
Note: Use appropriate factor(s) from the tables provided.
\table[[\table[[Annual Amounts],[Sales of new product]],\table[[Project 1],[$100.000
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