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Quail Company is considering buying a food truck that will yield net cash inflows of $14,000 per year for seven years. The truck costs $45,000
Quail Company is considering buying a food truck that will yield net cash inflows of $14,000 per year for seven years. The truck costs $45,000 and has an estimated $6,100 salvage value at the end of the seventh year. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return?
Quail Company is considering buying a food truck that will yield net cash inflows of $14,000 per year for seven years. The truck costs $45,000 and has an estimated $6,100 salvage value at the end of the seventh year. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return? Net Cash Flows PV Factor = Present Value of Net Cash Flows Years 1-7 = $ 0 = = 0 Totals II II Net present value II =Step by Step Solution
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