If Quail Company invests $ 50,000 today, it can expect to receive $ 10,000 at the end

Question:

If Quail Company invests $ 50,000 today, it can expect to receive $ 10,000 at the end of each year for the next seven years, plus an extra $ 6,000 at the end of the seventh year. What is the net present value of this investment assuming a required 10% return on investments?

Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...