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The following present value factors are provided for use in this problem Periods 1 2 3 4 Present Value of 51 at 88 0.925
Posted: Thu May 19, 2022 11:49 am
by answerhappygod
- The Following Present Value Factors Are Provided For Use In This Problem Periods 1 2 3 4 Present Value Of 51 At 88 0 925 1 (10.08 KiB) Viewed 50 times
The following present value factors are provided for use in this problem Periods 1 2 3 4 Present Value of 51 at 88 0.9259 0.8573 0.7938 0.7350 Present Value of an Annuity of $1 at 0.9259 1.7033 2.5771 3.3121 Cliff Co wants to purchase a machine for $68,000, but needs to earn an 8% return. The expected year end net cash flows are $27,000 in each of the first three years, and $31000 in the fourth year What is the machine's net present value?