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CALCULATOR FULL SCREEN PRINTER VERSION BACK Brief Exercise 24-3 Thunder Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit
CALCULATOR FULL SCREEN PRINTER VERSION BACK Brief Exercise 24-3 Thunder Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $196,499 and have an estimated useful life of 10 years. It will be old for $61,700 at that time. (Amusement parks need to rotate exhibits to keep people interested.) It is expected to increase net annual cash fows by $27,400. The company's borrowing rate is 8%. Its st of capital is 10%. CickheretoyenPytabie. Calculate the net present value of this project to the company and determine whether the project is acceptable. (r the net present value is negative, use either a negative sigrn preceding the number eg-45 or parentheses eg (45). For calculation purposes, use S decimal places as displayed in the factor table provided. Round present vale answer to O decimal places, e.g. 125.) Net present value s The projectacceptable. lick if you would like to Show Work for this question: Open Show Work
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