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Horn Company is evaluating an investment project that has a 6-year life and produces the following cash inflows: Years 1 - 4 ... Year 5
Horn Company is evaluating an investment project that has a 6-year life and produces the following cash inflows: Years 1 - 4 ... Year 5 ...... Year 6 ...... $20,000 (each year) $30,000 ??????? The initial investment for this project is $96,838 and the net present value of this project was calculated to be $5,057 at a cost of capital of 3%. Calculate the amount of the year 6 cash inflow associated with this investment project. Ignore the effects of income taxes. You will need to use the present value table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present value table factors. No credit will be awarded for this question using a means other than these table factors to answer this
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