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A project requires an investment of $129000 and has an expected life of four years. The project expects annual cash flows of $40000 in year
A project requires an investment of $129000 and has an expected life of four years. The project expects annual cash flows of $40000 in year 1,$51000 in year 2,$80000 in year 3 and $61000 in year 4 . If the company has a discount rate of 8%, what is the net present value (ignoring income taxes)? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Do not round intermediate calculations.) Click here to view the factor table $60105.($60105).$73205($73205)
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