A machine costs $10,000, has a three-year life, and has an estimated salvage value of $1000.

It will generate after-tax annual cash flows (ACF) of $6000 a year, starting next year. If your

required rate of return for the project is 10%, what is the NPV of this investment? (Round your

answer to the nearest $1.00.) Ignore taxes.

A machine costs $10,000, has a three-year life, and has an estimated salvage value of $1000. It will generate after-tax annual cash flows (ACF) of $6000 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answer to the nearest $1.00.) Ignore taxes