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What did I do wrong here? Compute the net present value for this machine using a discount rate of 8% and assuming that cash flows
What did I do wrong here?
Compute the net present value for this machine using a discount rate of 8% and assuming that cash flows occur at each year- end. (Hint: Salvage value is a cash inflow at the end of the asset's life.) (Do not round intermediate calculations.) Chart Values are Based on: 4 8% PV Present Value Cash Flow Select Chart Amount xFactor Annual cash flow Residual value Present Value of an Annuity of $ 249, 1600 x | 3.31210 = $ 825,243 13,965 |$ 839,208 519,000 $ 320,208 Present Value of 1 19,000 | 0.7350 Present value of cash inflows Present value of cash outflows Net present valueStep by Step Solution
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