Answered step by step
Verified Expert Solution
Question
1 Approved Answer
John company could buy machine that cost $72,000. It is estimated that it or nothing until your five, then earn $150,000 in year five. If
John company could buy machine that cost $72,000. It is estimated that it or nothing until your five, then earn $150,000 in year five. If the discount figures are .5674 cash received at the end of five years and 3.6054 payments received every year for five years, what is the net present value for this machine?
2.57
35,360
85,050
13,050
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started