Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. peyton buys a machine for his business. the machin

Peyton buys a machine for his business. The machine costs $170,000. Peyton estimates that the...

80.2K

Verified Solution

Question

Finance

image
Peyton buys a machine for his business. The machine costs $170,000. Peyton estimates that the machine can produce $35,000 cash inflow per year for the next six years. His cost of capital is 7 percent. What is the net present value of the investment? Should he make the investment? $85,000; yes -$3,173; no -$15,230; no $15,000; yes

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

It is known that of the articles produced by a factory, 20% come from Machine A,...

Biology
1.2K views

Use the mRNA codon chart to translate this DNA message: DNA      TAC       TGC       CAC     ATT mRNA amino acid List the sequence of...

Physics
1.2K views

Correct asnwer for 5 star rating. Suppose that you release a small ball from rest at...

Basic Math
1.2K views

Several years ago, 45% of parents who had children in grades K-12 were satisfied with...

Algebra
1.2K views

Triangle ABC is translated using matrix subtraction Which represents the resulting vertices after the translation

Accounting
1.2K views

Live Large Inc. had the following transactions involving non-strategic investments during 2020. ...

Accounting
1.2K views

United Resources Company obtuvo una carta del estado en enero de este ao. El estatuto...

Accounting
1.2K views

7) Arlene is a college professor earning $99,200 and also has a sole proprietor consulting...

Accounting
1.2K views

A process that can be described with a first-order difference equation has undergone measurement. The...

Accounting
1.2K views

All of the following nondependent taxpayers are U.S. citizens. Which taxpayer is required to file...

Accounting
1.2K views

You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage...

Finance
1.2K views

INSTRUCTIONS: Answer all questions be briefed and specific but a complete...