Question: Current Attempt in Progress Splish Corporation is considering buying a brand new machine and has gathered the following data: Investment Estimated life Estimated annual

Current Attempt in Progress Splish Corporation is considering buying a brand new

Current Attempt in Progress Splish Corporation is considering buying a brand new machine and has gathered the following data: Investment Estimated life Estimated annual cash inflows $105,800 6 years $29,400 Estimated annual cash outflows $10,200 Salvage value for the machine is estimated to be zero. Click here to view the factor table. Calculate the net present value of the machine assuming a 8% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. Round present value answer to O decimal places, e.g. 125.) Net Present Value $

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