Business
Business, 06.08.2021 01:00, kcarstensen59070

Blue Spruce Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $(1200). Annual cost savings were: $14000 for year 1; 12000 for year 2; and $10000 for year 3. The amount of the initial investment was

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