Sally's Fitness is considering installing new exercise equipment. If she does so, she expects the payment stream in the table below before the equipment must be replaced. To finance the equipment purchase, she must take out a loan at 9%. Does the equipment investment offer a positive net present value?

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Sally's Fitness is considering installing new exercise equipment. If she does so, she expects the payment stream in the table below before the equipment must be replaced. To finance the equipment purchase, she must take out a loan at 9%. Does the equipment investment offer a positive net present value?
Sally's Fitness is considering installing new exercise equipment. If she does so, she expects the payment stream in the table below before the equipment must be replaced. To finance the equipment purchase, she must take out a loan at 9%. Does the equipment investment offer a positive net present value?

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The Answer of Sally's Fitness is considering installing new exercise equipment. If she does so, she expects the payment stream in the table below before the equipment must be replaced. To finance the equipment purchase, she must take out a loan at 9%. Does the equipment investment offer a positive net present value?

Sally's Fitness Is Considering Installing New Exercise Equipment