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can you please explain to me where the 4.3553 even comes from im so lost. just explain the math here 7. Hiawatha Corp is considering
can you please explain to me where the 4.3553 even comes from im so lost. just explain the math here 7. Hiawatha Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $200,000. The equipment will have an initial cost of $900,000 and have a 6 year life. There is no salvage value for the equipment. If the hurdle rate is 10%, what is the approximate net present value? Ignore income taxes. A negative $28,940 200,000 X 4.3553 - $ 900,000 = (28,940) B. positive $28,940 C. zero Net Present Valve ; Precent value of cash inflow - Present D. positive $300,000 200,00 of cash out flow valve
can you please explain to me where the 4.3553 even comes from im so lost. just explain the math here
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