CAN someone set this up using the same table. I couldn't understand from the last...
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CAN someone set this up using the same table. I couldn't understand from the last explanation.
Required information [The following information applies to the questions displayed below.] Peng Company is considering an investment expected to generate an average net income after taxes of $2,100 for three years. The investment costs $58,800 and has an estimated $9,300 salvage value. Assume Peng requires a 10% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation. (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.)
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CAN someone set this up using the same table. I couldn't understand from the last explanation.