Exercise $11-7($Algo$)$ Net present value and unequal cash flows LO P$3$

References

Gomez is considering a $$240,000$ investment with the following net cash flows. Gomez requires a $12\%$ return on its investments. $($PV of $$1,FV$ of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

$($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 $A$

Compute the net present value of this investment.

Note: Round your answers to the nearest whole dollar.