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$68 4.452 (PV of a series of amounts, 4%, 5 years) ‑ $159 = $143.74

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Wiki User

13y ago
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Anonymous

Lvl 1
4y ago
Where do you get $159 from?

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Q: What would be the net present value of a microwave oven that costs 235 and will save you 89 a year in time and food away from home. Assume an average return on your savings of 8 percent for 6 years?
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