Question: how would i work this? A project has an initial cost of $121,000 and three annual inflows as follows: $54,000 at the end of year

how would i work this?
how would i work this? A project has an initial cost of

A project has an initial cost of $121,000 and three annual inflows as follows: $54,000 at the end of year 1 $70,000 at the end of year 2 $70,000 at the end of year 3 If the cost of capital is 7.6%, what is the net present value (NPV) of the project? Answer Format: Positive number rounded to 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!