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Find the present value of an irvestment in equipment if it is expected to provide annual savings of $60,000 for 10 years and to have
Find the present value of an irvestment in equipment if it is expected to provide annual savings of $60,000 for 10 years and to have a resale value of $68,000 at the end of that period. Assume an interest rate of 8% and that savings are realized at year end. (Round foctor values to 5 decimal places, eg. 1.25125 and final answer to 0 decimol ploces, eg. 458,581.) Click here to view factor tables Present value of investment in equipment
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