Question: Use the chart above to calculate the net present value of an investment whose initial cost is $11,500 and will generate an annual net cash

Use the chart above to calculate the net present value of an investment whose initial cost is $11,500 and will generate an annual net cash flow as shown below. Year 1 = $2,000 Year 2 = $3,000 Year 3 = $7,000 Year 4 = $2,000 Year 5 = $2,500 Total Present Value = Should the firm purchase the asset? Yes, No Use the chart above to calculate the net present value of an investment whose initial cost is $11,500 and will generate an annual net cash flow as shown below. Year 1 = $2,000 Year 2 = $3,000 Year 3 = $7,000 Year 4 = $2,000 Year 5 = $2,500 Total Present Value = Should the firm purchase the asset? Yes, No
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