Question: I need to know how to input this question into my financial calculator to get the correct answer, as financial calculators are allowed on the
I need to know how to input this question into my financial calculator to get the correct answer, as financial calculators are allowed on the final exam. HP 10b2+. Thank you.

A company is trying to determine if the purchase of a new computer costing $60,000 is a good decision. Using the information in the table below and a discount rate of 10%, the investments net present value is $ the nearest whole dollar and include the dollar sign and commas, as appropriate. Use financial calculator for the calculation.) Year Tax Shield Benefits from Depreciation After-tax Cost Savings 1$5,000 2 $15,000 (Round to $30,000 $30,000 Read about this Sorry, your answer is incorrect. $69,008 Missed! $9,008 Formula, financial calculator, and/or Excel solution: PV1 $31,818 PV2 $37,190 CFO--$60,000 NPV $9,008 Financial table solution-$8,985 $31,818 Formula, financial calculator, and/or Excel solution: PV1-$31,818 PV2 $37,190 CFO -$60,000 NPV $9,008 Financial table solution $8,985 37,190 Challenge OK A company is trying to determine if the purchase of a new computer costing $60,000 is a good decision. Using the information in the table below and a discount rate of 10%, the investments net present value is $ the nearest whole dollar and include the dollar sign and commas, as appropriate. Use financial calculator for the calculation.) Year Tax Shield Benefits from Depreciation After-tax Cost Savings 1$5,000 2 $15,000 (Round to $30,000 $30,000 Read about this Sorry, your answer is incorrect. $69,008 Missed! $9,008 Formula, financial calculator, and/or Excel solution: PV1 $31,818 PV2 $37,190 CFO--$60,000 NPV $9,008 Financial table solution-$8,985 $31,818 Formula, financial calculator, and/or Excel solution: PV1-$31,818 PV2 $37,190 CFO -$60,000 NPV $9,008 Financial table solution $8,985 37,190 Challenge OK
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
