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please help me with this Ryan is the financial advisor for his company and is considering the purchase of excavation equipment which will cost $59,000.
please help me with this
Ryan is the financial advisor for his company and is considering the purchase of excavation equipment which will cost $59,000. The purchase of this equipment is expected to save his company 57,481 at the end of every year for 9 years. At the end of the 9 years, he expects the excavation equipment to have a residual (inflow) value of $12,600. The company requires a 5.8% rate of return. Round PV to the nearest cent. Round NPV to the nearest whole number. 1) What is the Net Present Value (NPV) of this equipment investment? Cash Inflows Cash Inflows Payments (Savings) Residual (Inflow) PY = C/Y = N I/Y = 96 PV = S PMT = $ FV =Step by Step Solution
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