Calculate the NPV of a machine which is bought for $5,000, sold at the end of year
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Calculate the NPV of a machine which is bought for $5,000, sold at the end of year 5 for $2,500.00, and produces the following cash flows: year 1) +$700; year 2) +$600;
year 3) +$500; year 4) +$400; year 5) +$300, assume the cost of capital is 8%.
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Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
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