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BOOK Show Me How Calculator Net Present Value Method The following data are accumulated by Paxton Company in evaluating the purchase of $108,000 of equipment,

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BOOK Show Me How Calculator Net Present Value Method The following data are accumulated by Paxton Company in evaluating the purchase of $108,000 of equipment, having a four-year useful le: Net Income Net Cash Flow Year 1 $33,000 $56,000 Year 2 20,000 43,000 Year 3 10,000 32,000 Year 4 (1,000) 22,000 Present Value of $1 at Compound Interest 6% 10% 12% 15% 20% Year 1 0.943 0.909 0.893 0.870 0.833 2. 0.890 0.826 0.797 0.694 0.756 0.658 0.840 3 0.751 0.579 0.712 0.636 0.792 4 0.683 0.482 0.572 5 0.621 0.747 0.402 0.567 0.497 0.705 0.564 6 0.432 0.507 0.335 0.513 0.665 7 0.279 0.376 0.452 0.467 0.627 8 0.233 0.327 0.404 0.194 0.284 0.361 0.424 0.592 9 0.386 0.558 10 0.162 0.247 0.322

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