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Lindas Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows: Initial investment (2 limos) $ 1,800,000

Lindas Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows:


Initial investment (2 limos)	$	1,800,000
Useful life		10	years
Salvage value	$	140,000
Annual net income generated		180,000
LLTs cost of capital		15	%

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