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Incognito Company is contemplating the purchase of a machine that provides it with net after-tax cash savings of $86,000 per year for 6 years. Assuming
Incognito Company is contemplating the purchase of a machine that provides it with net after-tax cash savings of $86,000 per year for 6 years. Assuming a 7% discount rate, calculate the present value of the cash savings. (FV of $1,PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided. Round final answer to the nearest whole dollar.) |
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