he initial cost of an investment is $60,000 and the cost of capital is 10%. The return is $18,000 per year for 8 years. Based on the given information, the net present value of the investment = $ ? (round your answer to the nearest whole num

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The initial cost of an investment is $60,000 and the cost of capital is 10%. The return is $18,000 per year for 8 years.

Based on the given information, the net present value of the investment = $ ? (round your answer to the nearest whole number)

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The initial cost of an investment is $70,000 and the discount rate​ (cost of​ capital) is
12​%. The return is $15,000 per year for 8 years. Based on the given​ information, the net present value of the investment​ = ​$ enter your response here ​(round your answer to the nearest whole​ number.)
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