Question: please help answer this question to completion. QS 11-16 (Algo) Net present value of annuity and salvage value LO P3 Quall Company is considering buying
QS 11-16 (Algo) Net present value of annuity and salvage value LO P3 Quall Company is considering buying a food truck that will yleid net cash inflows of $10,200 per year for seven years. The truck costs $47,000 and has an estimated $6,800 salvage value at the end of the seventh yeat (PV of $1. FV of $1, PVA of $1, and FVA or $ i) Note: Use appropriate foctor(s) from the tobles provided. Enter negative net present values, If any, as negative values. Round your present velue foctor to 4 decimeis. What is the net present value of this investment assuming a required 12% return? QS 11-16 (Algo) Net present value of annuity and salvage value LO P3 Quall Company is considering buying a food truck that will yleid net cash inflows of $10,200 per year for seven years. The truck costs $47,000 and has an estimated $6,800 salvage value at the end of the seventh yeat (PV of $1. FV of $1, PVA of $1, and FVA or $ i) Note: Use appropriate foctor(s) from the tobles provided. Enter negative net present values, If any, as negative values. Round your present velue foctor to 4 decimeis. What is the net present value of this investment assuming a required 12% return
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