ABC Service can purchase a new assembler for $15,052 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the NPV of the assembler if the required rate of return is 12%. (Round your answer to the nearest $1.)
A) $1,056
B) $4,568
C) $7,621
D) $6,577
Correct Answer:
Verified
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