Business, 21.05.2021 17:30 yselahernandez02
The following present value factors are provided for use in this problem.
Periods Present Value of $1 at 11% Present Value of an Annuity of $1 at 11%
1 0.9009 0.9009
2 0.8116 1.7125
3 0.7312 2.4437
4 0.6587 3.1024
Cliff Co. wants to purchase a machine for $42,000, but needs to earn an 11% return. The expected year-end net cash flows are $14,000 in each of the first three years, and $18,000 in the fourth year. What is the machine's net present value?
a. $7,788
b. $4,069.
Answers: 2
Business, 22.06.2019 12:50
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Answers: 3
Business, 22.06.2019 20:40
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Answers: 2
Business, 22.06.2019 21:00
You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank
Answers: 3
Business, 23.06.2019 00:00
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Answers: 3
The following present value factors are provided for use in this problem.
Periods Present Value of...
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