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Business, 17.06.2021 22:50 smokemicpot

X Corporation is considering buying a new $9,000 machine. The projected annual after-tax net income from the machine is $500, after deducting $3,000 for depreciation. The revenue is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value. X considers 12% return on an investment satisfactory. Periods 12% Present Value of $1 12% Present value of an annuity of $1 1 0.8929 0.8929 2 0.7972 1.6901 3 0.7117 2.4018 What is the net present value (NPV) of the machine investment? A. $ (7,799) B. $ (594) C. 1,201 D. $ 8,406 E. $ 9,000

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X Corporation is considering buying a new $9,000 machine. The projected annual after-tax net income...
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