Pablo Company is considering buying a machine that will yield income of $$2,800$ and net cash flow of $$15,000$ per year for three years. The machine costs $$46,800$ and has an estimated $$10,200$ salvage value. Pablo requires a $15\%$ return on its investments. Compute the net present value of this investment. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to $4$ decimals.

Answer rating: 100% (QA)

To compute the net present value NPV of the investment we need to discount the net cash flows of 150... View the full answer