Net Present Value Mystic Metal & Pantry Vending

Mystic Metal Stamping is analyzing a special investment project.

Mystic Metal Stamping is analyzing a special investment project. The project will require the purchase of two machines for $25,000 and $10,000 (both machines are required). The total residual value at the end of the project is $1 ,000. The project will generate cash inflows of $1 1 ,000 per year over its 10 - year life. If Mystic requires a 6% return, what is the net present value (NPV) of this project? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O B. o c. o D. $16,243 $46,518 $45,960 $15,380 O Data Table Present Value of $1 Period 6 8 10 12 O Data Table Present Value of Annuity of $1 40/0 0.790 0731 0.676 0.625 6% 0.705 0.627 0.558 0.497 Done 8% 0.630 0.540 0463 0.397 Periods 6 8 10 12 4% 5242 6.733 8.111 9.385 Print 6% 4.917 6.210 7.360 8.384 Done 8% 4 _ 623 5747 6.710 7.536 print