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(Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The exparsion requires the expenditure of $11,000,
(Net present value calculation) Carson Trucking is considering whether to expand its regional service center in Mohab, UT. The exparsion requires the expenditure of $11,000, Coo on new service equipment and would genecate annual net cash inflowt trom reduced costs of operations equal to $4,000,000 per year for each of the next 9 years. In year 9 the frem will also get back a cashi fow equal to the salvage value of the equipment, which is valued at 51 milion. Thus, in year 9 the investment cash infow totals 35,000,000. Calculate the projecfs NPV using a dscount rate of 7 percent If Fhe discount rate is 7 percent, then the propects NPV is 3 (Hound to the nearest dolar.)
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