Business, 13.08.2019 02:10 stepheme1

Kingbird co. purchased some equipment 3 years ago. the company's required rate of return is 12%, and the net present value of the project was $(1100). annual cost savings were: $12000 for year 1; 1 for year 2; and $9000 for year 3. the amount of the initial investment was present value pv of an annuity year of 1 at 12% of 1 at 12% 1 0.893 0.893 2 0.797 1.690 3 0.712 2.402

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Kingbird co. purchased some equipment 3 years ago. the company's required rate of return is 12%, and...

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