15. Calculate the NPV of a machine that is bought for $5,000.00, sold at the end of year 5 for $2,500.00, and produces the following cash flows: year 1) +$700; year 2) +$600; year 3) +$500; year 4) +$400; year 5) +300, assume the cost of capital is 10%.

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Calculation of NPV Net Present Value Answer NPV 148042 Formula for calculating NPV is as follows NPV ... View the full answer