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Check my worke QS 24-16 (Algo) Net present value of annuity and salvage value LO P3 Quail Company is considering buying a food truck
Check my worke QS 24-16 (Algo) Net present value of annuity and salvage value LO P3 Quail Company is considering buying a food truck that will yield net cash inflows of $13,600 per year for seven years. The truck costs $48,000 and has an estimated $6,100 salvage value at the end of the seventh year (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return? Years 1-7 Totals Net present value Net Cash Flows x PV Factor Present Value of Net Cash Flows D
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