Subject :- Finance   An waste management company is intent to make an investment of $10,100, that can produce an annual revenue of $5,310 for seven years. An annual additional return is $3,000 at the end of each year for operating and maintaining the project. After the seven years, company has to cede working, and goverment will undertake the company. At the return rate of 0.7%, what is the Net Present Value ? NB: Use xx.xxxx (four decimals) format to anser the question. *the excel formula and tables if necesarry

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter19: Lease And Intermediate-term Financing
Section: Chapter Questions
Problem 8P
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Subject :- Finance

 

An waste management company is intent to make an investment of $10,100, that can produce an annual revenue of $5,310 for seven years. An annual additional return is $3,000 at the end of each year for operating and maintaining the project. After the seven years, company has to cede working, and goverment will undertake the company. At the return rate of 0.7%, what is the Net Present Value ? NB: Use xx.xxxx (four decimals) format to anser the question.

*the excel formula and tables if necesarry 

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