Question: Howard inc is considering purchasing equipment that requires a 2 8 , 5 0 0 investement and is expected to generate end - of period

Howard inc is considering purchasing equipment that requires a 28,500 investement and is expected to generate end-of period annual cash inflows of $12,000 for each of three years. Assuming a discount rate of 10% what is the net present value of this investment? You can calculate the NPV by either a. Using the selected present value factors

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