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Check my work Exercise 11-7 (Algo) Net present value and unequal cash flows LO P3. Gomez is considering a $225,000 Investment with the following net
Check my work Exercise 11-7 (Algo) Net present value and unequal cash flows LO P3. Gomez is considering a $225,000 Investment with the following net cash flows. Gomez requires a 15% retum on its Investments. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 $75,000 Year 5 $55,000 Year 3 $74, eee Year 2 $44,000 Year 4 $141,600 Net cash flows (a) Compute the net present value of this Investment. (b) Should Gomez accept the Investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Present Value of 1 at 15% Net Cash Flows Present Value of Net Cash Flows Year nces Year 1 Year 2 Year 3 Year 4 Year 5 S s 0 Tota's Initial investment Net present value S Required B > Reqaret A Complete this question by entering your answers in the tabs below. Required A Required B Should Gomez accept the investment? Should Gomez accept the investment?
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