You have created a novel reusable water bottle filtration system. When presenting it to the client, you
Question:
You have created a novel reusable water bottle filtration system. When presenting it to the client, you have decided to do a present value/ present worth analysis, over 5 years with an interest rate of 20%. It includes an initial manufacturing cost of $193 at year 0 for one novel filtration bottle. Please assume all costs are positive and all benefits are negative.
What is the present value/present worth of the initial manufacturing cost? Please answer to the nearest whole number without including the dollar sign. Don't forget the sign matters (positive versus negative) and please answer to the nearest whole number without including the dollar sign. (Examples: please enter "28 " not "$28.00" or "-28" not "-$28.00")
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell