Question: 3 PULS) A project has estimated annual cash flows of $90,000 for three years and is estimated to cost $250,000. Assume minimum acceptable rate of
3 PULS) A project has estimated annual cash flows of $90,000 for three years and is estimated to cost $250,000. Assume minimum acceptable rate of return of 10% Using the following tables, determine the (a) net present value of the project and (b) the present value index, rounded to two decimal places Ta Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% a> 1 0.943 0.909 0.893 0.890 0.826 0.797 12 2 3 0.840 0.751 0.712 0.792 0.683 0.636 15 0 567 5 0.747 0.621 18 Below is a table for the present value of an annuity of S1 at compound interest. 1296 10% Year 696 0.893 0909 0.943 1 1.690 1.736 2 1.833 2.402 2.487 2.673 3 3.037 3.170 3.465
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