occur at year-end except for initial investment amounts. Lincoln Research uses straight-line depreciation. ...

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occur at year-end except for initial investment amounts. Lincoln Research uses straight-line depreciation.
Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table
Read the requirements.
Requirement 1. Calculate the following for the special-purpose eye-testing machine:
The net present value is Lincoln Research, a nonprofit organization, estimates that it can save $ 26,000 a year in cash operating costs for the next 9 years if it buys a special-purpose eye-testing machine at a cost of $ 125,000. No terminal disposal value is expected. Lincoln Research's required rate of return is 10%. Assume all cash flows occur at year-end except for initial investment amounts. Lincoln Research uses straight-line depreciation.
Requirement 1. Calculate the following for the special-purpose eye-testing machine:
a. Net present value(NPV)(Use factors to three decimal places, X.XXX, and use a minus sign or parentheses for a negative net present value. Enter the net present value of the investment rounded to the nearest whole dollar.)
The net present value is:
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