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P11-29 (similar to) Question Help Unequal lives-ANPV approach Evans Industries wishes to select the best of three possible machines, each of which is expected to
P11-29 (similar to) Question Help Unequal lives-ANPV approach Evans Industries wishes to select the best of three possible machines, each of which is expected to satisty the firm's ongoing need for additional aluminum-extrusion capacity. The three machines , B, and C are equally risky. The firm plans to use a cost o capital of 12.7% to evaluate each of them. T e initial investment an annual cashin ows over the lite o each machine are s o n in the g table. on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) k Machine AMachine B Machine C Initial investment (CFo) Year (t) $92,500$65,000$101,000 Cash inflows (CF) $11.100$9.700 1,100 11,100 11,100 11,100 11,100 $29,100 29.100 29,100 29,100 29,100 9,800 30,700 40,300 a. The net present value for machine A is s(Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer Clear All Check
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