t will cost initially $28982 1 save an annual total am $ 4285 for 12 years. If the pject requires parts instal years 4 and 9 in the amou 00, what will the net prese ue for this project? Inter ce=8% ct one: A. 15499

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 19EA: Redbird Company is considering a project with an initial investment of $265,000 in new equipment...
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A new proposed energy project
that will cost initially $28982and
will save an annual total amount
of $ 4285 for 12 years. If the old
project requires parts installation
in years 4 and 9 in the amount of $
7200, what will the net present
value for this project? Interest
rate=8%
Select one:
O A. 15499
B. 10740
C. 16842
D. 13913
O E. 12204
Transcribed Image Text:A new proposed energy project that will cost initially $28982and will save an annual total amount of $ 4285 for 12 years. If the old project requires parts installation in years 4 and 9 in the amount of $ 7200, what will the net present value for this project? Interest rate=8% Select one: O A. 15499 B. 10740 C. 16842 D. 13913 O E. 12204
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