Question
A company buys a printing machine for 21,000. It is expected for that machine to generate 3000 dollars in the first year, 5000 dollars in
A company buys a printing machine for 21,000. It is expected for that machine to generate 3000 dollars in the first year, 5000 dollars in the second year, and 15000, in the third year. What is the NVP for the project if the interest rate is 10.5% compounded semi-annually?
| A. | $ + 770.56 | |
| B. | $ + 460.32 | |
| C. | $ -770.56 | |
| D. | $ - 460.32 |
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Payroll Accounting
Authors: Bernard J. Bieg, Judith A. Toland
2013 edition
113396253X, 978-1133962533
