Question
If you insulate your office for $24,000, you will save $2,400 a year in heating expenses. These savings will last forever. a.What is the NPV
If you insulate your office for $24,000, you will save $2,400 a year in heating expenses. These savings will last forever. a.What is the NPV of the investment when the cost of capital is 8%? 10%? I know the answer is 6000 for 8% and 0 for 10%, however I'm not sure how to do the calulation on excel or by hand.
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Accounting Chapters 14-26
Authors: Carl Warren
27th Edition
1337272116, 978-1337272117
