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Score on last try: 2.29 of 4 pts. See Details for more. > Next question You can retry this question below Solve using the CF
Score on last try: 2.29 of 4 pts. See Details for more. > Next question You can retry this question below Solve using the CF and NPV features on the BA II PLUS calculator. Crystal is the financial advisor for her company and is considering the purchase of excavation equipment which will cost $73,000. The purchase of this equipment is expected to save her company $8,647 every year for 9 years. At the end of the 9 years, she expects the excavation equipment to have a residual (inflow) value of $18,300. The company requires a 5.1% rate of return. Enter all quantities with the correct sign (+ or -) 1) What is the Net Present Value (NPV) of this equipment investment? (If the NPV is negative, enter it as a negative number. If the NPV is zero, enter 0.). Round the answer to two decimal places. CFO S-73000 C01 8647 F01 8 CO2 FO2 1 ! 5.1 NPV $ Enter an integer or decalbor more
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