Question: Use the following information for the Quick Study below. {The following information applies to the questions displayed below. J Peng Company is considering an investment

 Use the following information for the Quick Study below. {The following

Use the following information for the Quick Study below. {The following information applies to the questions displayed below. J Peng Company is considering an investment expected to generate an ave-rage net incarne after taxes of $2,400 for three years. The investment costs $52,500 and has an estimated 5&60-0' salvage value. 05 24-8 Net present Value LO P3 Assume Peng requires a 10% return on its invesVn-ente. Compute the net present value of this investment. Assume the company uses straightline depreciation. MM, Ml. ME, and Mil) (Use appropriate factorls) from the tables provided. Negativa amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) muais' ' ' ' 7

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