Present Value of an Annuity of 1 Periods 8% 9% 10% 1 .926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company has a minimum required rate of return of 9%. It is considering investing in a project that costs $210,000 and is expected to generate cash inflows of $84,000 at the end of each year for three years. The net present value of this project is Group of answer choices $21,261. $42,000. $212,604. $2,604
Present Value of an Annuity of 1 Periods 8% 9% 10% 1 .926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company has a minimum required rate of return of 9%. It is considering investing in a project that costs $210,000 and is expected to generate cash inflows of $84,000 at the end of each year for three years. The net present value of this project is Group of answer choices $21,261. $42,000. $212,604. $2,604
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 3BE
Related questions
Question
100%
Present Value of an Annuity of 1
|
Periods
|
8%
|
9%
|
10%
|
1
|
.926
|
.917
|
.909
|
2
|
1.783
|
1.759
|
1.736
|
3
|
2.577
|
2.531
|
2.487
|
A company has a minimum required
Group of answer choices
$21,261.
$42,000.
$212,604.
$2,604.
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