24. 7

thank you

Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 6% return from its investments. Assume that instead of a zero salvage value, as shown above, the machine has a salvage value of $29,000 at the end of its three-year ife. Compute the machine's net present value. (PV of \$1. FV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.)