Question: Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6

 Using only the factors provided in this table below (do not

Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6 per period Ross Co. purchased some equipment today. The company's required rate of return is 6%, and the initial investment of the project was $(17800). The equipment will generate annual cost savings of: $3950 each year for years 14. Thes estimated residual value of the equipment will be $2520 at the end of year 4 . The net present value of the project is \$ If the net present value is negative, show -, do not use (). Example net present value of negative 1,000 would be answered 1,000

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