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Week 6 : Homework i Saved Help Save & Exit Submit 6 Problem 1 2 - 1 4 ( Algo ) Net present value method

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Problem 12-14(Algo) Net present value method [LO12-4]
Aerospace Dynamics will invest $175,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth year's cash flow is negative) Use Appendix B for an approximate answer but calculate your final answer using the
formula and financial calculator methods.
\table[[,Year,Cash Flow],[eBook,1,$57,000
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