Question: Need help with this question. Net Present Value Method The following data are accumulated by Geddes Company In evaluating the purchase of $150,900 of equipment,
Need help with this question.


Net Present Value Method The following data are accumulated by Geddes Company In evaluating the purchase of $150,900 of equipment, having a four-year useful life: Net Income Net Cash Flow Year 1 $42,500 180,000 Year 2 27,500 65,000 Year I 12,500 50,000 Year 4 2,500 40,000 Present Value of $1 at Compound Interest Year 10% 20% 0.043 0.909 0.893 0.870 0.890 0.826 0.797 0.756 0.604 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.482 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 0.665 0.513 0.452 0.376 0.279 0.627 0.467 0.404 0.327 0.233 0.592 0.424 0.361 0.284 0. 194 0.558 n 247
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
