What did I do wrong here? Compute the net present value for this machine using a

Question

What did I do wrong here?

Compute the net present value for this machine using a discount rate of 8% and assuming that cash flows occur at each year- end. (Hint: Salvage value is a cash inflow at the end of the asset's life.) (Do not round intermediate calculations.) Chart Values are Based on: 4 8% PV Present Value Cash Flow Select Chart Amount xFactor Annual cash flow Residual value Present Value of an Annuity of $ 249, 1600 x | 3.31210 = $ 825,243 13,965 |$ 839,208 519,000 $ 320,208 Present Value of 1 19,000 | 0.7350 Present value of cash inflows Present value of cash outflows Net present value

Explanation / Answer

Dear student Your answer appears right The only issue I am seeing is 249,160* 3.3121 is 825,242.84. However you have written 825,243…. So final answer would be 320,207.84 Try to put this as answer

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.