Question: using ba2 plus calculator functions. Andy's Fishing Charters is considering the purchase of a new boat costing $60,000. The boat is expected to . .ccrease

using ba2 plus calculator functions.

Andy's Fishing Charters is considering the purchase of a new boat costing $60,000. The boat is expected to . .ccrease profits by $11,000 per year for each of the next 8 years. After 4 years, the boat will require maintenance of $5,000. After the 8 years, the boat will be sold for $30,000 Calculate the NPV of the boat using a cost of capital of 12%. Round your asiower to the nearest dollar

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