Bernadette Company is considering a project that has estimated annual net cash flows of $13,910 for 3
Fantastic news! We've Found the answer you've been seeking!
Question:
Bernadette Company is considering a project that has estimated annual net cash flows of $13,910 for 3 years and is estimated to cost $15,980. Citruss cost of capital is 6 percent.
Below are the various discount rates for 6%
| Future Value of $1 | Present Value of $1 | Future Value of an ordinary annuity of $1 | Present Value of an ordinary annuity of $1 |
Year 1 | 1.06000 | 0.93458 | 1.0000 | 0.94340 |
Year 2 | 1.12360 | 0.89000 | 2.0600 | 1.83339 |
Year 3 | 1.19102 | 0.83962 | 3.1836 | 2.67301 |
Determine the net present value of the project. :$___________________
If the present value is negative, show as -, do not use ( ). For example, if NPV is negative 1,000, answer as -1000.
Posted Date: