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15.00 points Exercise 13-13 Uncertain Future Life [LO3] Worldwide ravel Service has made an investment in certain equipment that cost the company $404,298 The equipment

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15.00 points Exercise 13-13 Uncertain Future Life [LO3] Worldwide ravel Service has made an investment in certain equipment that cost the company $404,298 The equipment is expected to generate cash inflows of $54,000 each year. Click here to view Exhibit 13B-2 to determine the appropriate discount factor(s) using table. Required: How many years will the equipment have to be used in order to provide the company with a 9% return on its investment? (Round discount factor(s) to 3 decimal places and final answer to the closest year(s).) Number of years References eBook & Resources Worksheet Difficulty: Easy Exercise 13-13 Uncertain Learning Objective: 13-03 Evaluate Future Life [LO3] an investment project that has uncertain cash flows. e 9 9:07 2017-04-16

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