Use the following table $\begin{array}{c}
\underline{\text { Present Value of an Annuity of } 1}\
\begin{array}{c}
\underline{\text {Period}}\
1\
2\
3
\end{array}
\begin{array}{c}
\underline{8 \%}\
.926 \
1.783 \
2.577
\end{array}
\begin{array}{c}
\underline{9 \%}\
.917 \
1.759 \
2.531
\end{array}
\begin{array}{c}
\underline{10 \%}\
.909 \
1.736 \
2.487
\end{array}
\end{array}$

A company has a minimum required rate of return of 9%.It is considering investing in a project which costs $350000 and is expected to generate cash inflows of $140000 at the end of each year for three years.The net present value of this project is

Question

Use the following table $\begin{array}{c}
\underline{\text { Present Value of an Annuity of } 1}\
\begin{array}{c}
\underline{\text {Period}}\
1\
2\
3 
\end{array}
\begin{array}{c}
\underline{8 \%}\
.926 \
1.783 \
2.577 
\end{array}
\begin{array}{c}
\underline{9 \%}\
.917 \
1.759 \
2.531
\end{array}
\begin{array}{c}
\underline{10 \%}\
.909 \
1.736 \
2.487
\end{array}
\end{array}$

A company has a minimum required rate of return of 9%.It is considering investing in a project which costs $350000 and is expected to generate cash inflows of $140000 at the end of each year for three years.The net present value of this project is

Quizplus · Accepted Answer

The Answer of Use the following table $\begin{array}{c}
\underline{\text { Present Value of an Annuity of } 1}\
\begin{array}{c}
\underline{\text {Period}}\
1\
2\
3 
\end{array}
\begin{array}{c}
\underline{8 \%}\
.926 \
1.783 \
2.577 
\end{array}
\begin{array}{c}
\underline{9 \%}\
.917 \
1.759 \
2.531
\end{array}
\begin{array}{c}
\underline{10 \%}\
.909 \
1.736 \
2.487
\end{array}
\end{array}$

A company has a minimum required rate of return of 9%.It is considering investing in a project which costs $350000 and is expected to generate cash inflows of $140000 at the end of each year for three years.The net present value of this project is

Use the Following Table A Company Has a Minimum Required Rate of Return of Annuity