What is the net present value of this machine


The Whitton Company uses a discount rate of 16%. The company has an opportunity to buy a machine now for $18,000 that will yield cash inflows of $10,000 per year for each of the next three years. The machine would have no salvage value. what is the net present value of this machine to the nearest whole dollar ?

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Accounting Basics: What is the net present value of this machine
Reference No:- TGS086171

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