Problem $12-18($Algo$)$ Net present value and internal rate of return methods $[$LO$12-4]$

The Pan American Bottling Company is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $$57,000.$ The annual cash flows have the following projections. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.

$\backslash$table$[[$Year$,$Cash Flow$],[1,$$$22,000$

Problem $12-18($Algo$)$ Net present value and internal rate of return methods $[$LO$12-4]$

The Pan American Bottling Company is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $$57,000.$ The annual cash flows have the following projections. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.

$\backslash$table$[[$Year$,$Cash Flow$],[1,$$$22,000$