Business, 12.08.2021 23:20 sporting06

An investment that costs $6,900 will produce annual cash flows of $3,140 for a period of 4 years. Given a desired rate of return of 8%, what is the present value index? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to three decimal points.)

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An investment that costs $6,900 will produce annual cash flows of $3,140 for a period of 4 years. Gi...

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