The following present value factors are provided for use in this problem Periods 1 2 3 Present Value of $1 at B 0.9259 0
Posted: Thu May 19, 2022 11:49 am
The following present value factors are provided for use in this problem Periods 1 2 3 Present Value of $1 at B 0.9259 0.8573 0.7938 0.7350 Present Value of an Annuity of $1 at 8 0.9259 1.7833 2.5771 3.3121 Xavier Co. wants to purchase a machine for $36,300 with a four year life and a $1,200 salvage value Xavier requires an 8% return on investment. The expected yearend net cash flows are $11.300 in each of the four years. What is the machine's not present value?