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where is .683 coming from? 3) Strausberg Inc. is considering investing in a project that would-require an initial investment of $270,000. The life of the

image text in transcribedwhere is .683 coming from?

3) Strausberg Inc. is considering investing in a project that would-require an initial investment of $270,000. The life of the project would be 4 years, The annual net cash inflows from the project would be $81,000. (The salvage vafue of the assets at the end of the project would be $27,000. The company uses a discount rate of 10%.)(Ignore income taxes. ssume sold What is the net present value of the project? end f peoject Taitial Inwestment (nous) Annual CF 8,000 (4, 10%)s.10 calvage Valve 2T0 ,000) as670 aroo (4, 10), ve313,4 Selua Pace Net Present5,U1 Value

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