Richard Miller owns a garage and is contemplating purchasing atireretreading machine for 510.00 Ater estimating...

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Richard Miller owns a garage and is contemplating purchasing atireretreading machine for 510.00 Ater estimating costs and revenues, Richard projects anet cash Intlow from the retreading machine of $2.860 annual for 7 years, Richard hopes tarna return of 9% on such investments. What's the present value of the retreading operation Should Richard Miler purchase the retreading machine (For calculation purposes, use 5 de malplanes as displayed in the factor debe provided found answer to decimal places 15.25 Cilochere to view the factor tabi Cal The present value of the retreading operations Richard M. purchase the retreading machine

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