Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. Dandy's has narrowed their choices down to two: the Wacky Water Race game and the Whack-A-Mole game. Financial data about the two choices follows.
What is the total present value of future cash inflows and residual value from the Whack-A-Mole game?
Present Value of $1
Present Value of Annuity of $1
A) $11,373
B) $8268
C) $14,478
D) $41,478
Correct Answer:
Verified
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