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Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is
Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 4% per period Periods FV of $1 PV of $1 FVA of $1 PVA of $1 1 1.0400 .9615 2.0400 0.9615 2 1.0816 .9246 3.1216 1.8861 3 1.1249 .8890 4.2465 2.7751 4 1.1699 .8548 5.4163 3.6299 5 1.2167 .8219 6.633 4.4518 Nolan Co. is planning an equipment purchase today. The company's required rate of return is 4%, and the initial investment of the project was $(15,900). The equipment will generate annual cost savings of: $4,480 each year for years 1-5. Thes estimated residual value of the equipment will be $3,040 at the end of year 5. The net present value of the project is $ If the net present value is negative, show -, do not use (). Example net present value of negative 1,000 would be answered -1,000
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