13. If a project has equipment whose acquisition cost is $40,000, with a useful life of annual depreciation of $4,000, annual operation and maintenance expenses of $1,00 periods equal to 10 years, and an interest rate equal to to 5%. Considering that the c decision to sell the equipment at the end of year 9. What would be the present value value? cannot be calculated -$2,578.44

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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13. If a project has equipment whose acquisition cost is $40,000, with a useful life of 10 years and
annual depreciation of $4,000, annual operation and maintenance expenses of $1,000, a number of
periods equal to 10 years, and an interest rate equal to to 5%. Considering that the company makes the
decision to sell the equipment at the end of year 9. What would be the present value of the resale
value?
cannot be calculated
-$2,578.44
$44,529.39
$0
$2,578.44
Transcribed Image Text:13. If a project has equipment whose acquisition cost is $40,000, with a useful life of 10 years and annual depreciation of $4,000, annual operation and maintenance expenses of $1,000, a number of periods equal to 10 years, and an interest rate equal to to 5%. Considering that the company makes the decision to sell the equipment at the end of year 9. What would be the present value of the resale value? cannot be calculated -$2,578.44 $44,529.39 $0 $2,578.44
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