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Investment opportunity OPTION A involves an initial cost of $1.36 million, annual earnings of $212,000, and...

Investment opportunity OPTION A involves an initial cost of $1.36 million, annual earnings of $212,000, and a salvage value of $400,000 at the end of 14 years. If the assumed annual interest rate is 6%, what is the net present value of the investment OPTION A?

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