(Ignore income taxes in this problem. )Dunay Corporation is considering investing $810,000 in a project.The life of the project would be 9 years.The project would require additional working capital of $24,000,which would be released for use elsewhere at the end of the project.The annual net cash inflows would be $162,000.The salvage value of the assets used in the project would be $41,000.The company uses a discount rate of 17%.
Required:
Compute the net present value of the project.

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The Answer of (Ignore income taxes in this problem. )Dunay Corporation is considering investing $810,000 in a project.The life of the project would be 9 years.The project would require additional working capital of $24,000,which would be released for use elsewhere at the end of the project.The annual net cash inflows would be $162,000.The salvage value of the assets used in the project would be $41,000.The company uses a discount rate of 17%.
Required:
Compute the net present value of the project.

(Ignore Income Taxes in This Problem