Question: just google the factor table its the same everywhere Incognito Company is contemplating the purchase of a machine that provides it with cash savings of
Incognito Company is contemplating the purchase of a machine that provides it with cash savings of $86,000 per year for five years. Interest is 9%. Assume the cash savings occur at the end of each year. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the present value of the cash savings. (Round your final answer to the nearest whole dollar.) Present value Incognito Company is contemplating the purchase of a machine that provides it with cash savings of $86,000 per year for five years. Interest is 9%. Assume the cash savings occur at the end of each year. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the present value of the cash savings. (Round your final answer to the nearest whole dollar.) Present value
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