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Home Q & A Board Other Fields Homework Help Business Accounting
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danyyzz danyyzz
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A year ago
Keltner Enterprises is considering investing in a new packing machine. The new machine will provide annual cash operating inflows of $12,300 for 5 years. The cost of the machine is $42,300 and it can be sold at the end of its 5-year useful life for $6,800.  Keltner's required rate of return is 10%. What is the machine's net present value?


Type of Cash FlowPeriodsInterest RateFactor
PV of $1510%0.6209
FV of $1510%1.6105
PV ordinary annuity510%3.7908
FV ordinary annuity510%6.1051
PV annuity due510%4.1699


▸ $15,278

▸ $13,211

▸ $8,549

▸ ($105)
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Managerial Accounting

Managerial Accounting


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JulzMarieJulzMarie
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A year ago
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danyyzz Author
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A year ago
Helped a lot
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Brilliant ツ
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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