Citrus Company is considering a project that has estimated annual net cash flows of $21,300 for six years and is estimated to cost $100,000. Citrus's cost of capital is 8 percent.Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tablesprovided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.)Net Present ValueGi

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Asked Nov 19, 2019
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Citrus Company is considering a project that has estimated annual net cash flows of $21,300 for six years and is estimated to cost $100,000. Citrus's cost of capital is 8 percent.
Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables
provided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.)
Net Present Value
Gi
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Citrus Company is considering a project that has estimated annual net cash flows of $21,300 for six years and is estimated to cost $100,000. Citrus's cost of capital is 8 percent. Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.) Net Present Value Gi

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Determine the net present value of the project:

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Cash flows PVF @10% | Present Value of Cash flows ($100,000) Year 1 ($100,000) $21,30046229 0 1-6 years $98,468 (S1,532) Net Present Vahue C E F Formulas for the above table: Year Cash flows PVF @10% 9 Present Value of Cash flows 10 0 |-100000 =D10 E10 (1-(1+0.08)-6)/0.08 D11*4.6229 SUM(F10:Fi1) 1 11 1-6 years 21300 12 Net Present Value CO

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