The Following Present Value Factors Are Provided For Use In This Problem Present Value Of An Annuity Of 1 At 8 0 9259 1 (19.13 KiB) Viewed 9 times
The Following Present Value Factors Are Provided For Use In This Problem Present Value Of An Annuity Of 1 At 8 0 9259 2 (12.3 KiB) Viewed 9 times
The following present value factors are provided for use in this problem. Present Value of an Annuity of $1 at 8 0.9259 1.7833 2.5771 3.3121 Periods 1 2 Present Value of $1 at 84 0.9259 0.8573 0.7938 0.7350 Cliff Co. wants to purchase a machine for $40,000, but needs to earn a return of 8%. The expected year-end net cash flows are $12,000 in each of the first three years, and $16,000 in the fourth year. What is the machine's net present value? Multiple Choice $(9,075) $2,685 $42,685
Multiple Choice O $(9,075) $2,685 $42.685 $(28.240) $52,000
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