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24. Benson Homes is considering purchasing some new equipment costing $124.000. The equipment will generate extra income of $26,000 in each of the six years
24. Benson Homes is considering purchasing some new equipment costing $124.000. The equipment will generate extra income of $26,000 in each of the six years life of the project but will require extra maintenance of $5.000 at the end of year three. What is the net present value of the project if Benson uses a discount rate of 12%? a. $2,813 b. $39,317 C. -$2,813 d. $4,631 e. -$20,662
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