Question: QS 2 4 - 1 7 ( Algo ) Net present value of annuity and salvage value LO P 3 Pablo Company is considering buying

QS 24-17(Algo) Net present value of annuity and salvage value LO P3
Pablo Company is considering buying a machine that will yield income of $3,000 and net cash flow of $16,500 per year for three years. The machine costs $52,500 and has an estimated $12,000 salvage value. Pablo requires a 10% return on its investments. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1)
Note: Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.
\table[[,,lows,x,PV Factor,=,\table[[Present Value of],[Net Cash Flows]]],[Years 1-3,$,16,500,x,,=,$
 QS 24-17(Algo) Net present value of annuity and salvage value LO

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