M Question 18 - Ch 11 Quiz - Conn X Course Hero C Davis Company is considering an X + X > C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... _ Ch 11 Quiz i Saved Help Save & Exit Submit Vextra Corporation is considering the purchase of new equipment costing $35,000. The projected annual cash inflow is $11,000, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requires a 12% return on its 18 investments. The present value of an annuity of $1 for different periods follows: Periods 12% 1 0. 8929 1. 6901 -WN points 2. 4018 3. 0373 Compute the net present value of this investment (rounded to the nearest whole dollar). eBook Ask Multiple Choice References O $(33,410). O $(3,100). O $35,000. do min Mc Graw Type here to search 78F Mostly cloudy 11:58 AM 4/19/2023