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Falcon Crest Aces ( FCA ) , Incorporated, is considering the purchase of a small plane to use in its wing - walking demonstrations and
Falcon Crest Aces FCA Incorporated, is considering the purchase of a small plane to use in its wingwalking
demonstrations and aerial tour business. Various information about the proposed investment follows:
Assume straight line depreciation method is used.
Help FCA evaluate this project by calculating each of the following:
Required:
Net present value NPVFuture Value of $ Present Value of $ Future Value Annuity of $ Present Value Annuity
Note: Use appropriate factors from the tables provided. Do not round intermediate calculations. Negative amount
indicated by a minus sign. Round the final answer to nearest whole dollar.
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