Langdon Company is considering purchasing a capital Investment that is expected to provide annual cash Inflows of $10,000 per year for 3 years. Assuming that Langdon's requtred rate of return s 8%, what is the present value of these cash infows? (PV of $1 and PVA of $1) (Use approprlate factor(s) from the tables provided. Do not round your lIntermedlate calculations. Round your finel answer to the nenrest dollar) Multiple Choice $24,018 $24,869 $25,771
Langdon Company is considering purchasing a capital Investment that is expected to provide annual cash Inflows of $10,000 per year for 3 years. Assuming that Langdon's requtred rate of return s 8%, what is the present value of these cash infows? (PV of $1 and PVA of $1) (Use approprlate factor(s) from the tables provided. Do not round your lIntermedlate calculations. Round your finel answer to the nenrest dollar) Multiple Choice $24,018 $24,869 $25,771
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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