Compute the net present value of the project

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Question - Furner Inc. is considering investing in a project that would require an initial investment of $480,000. The life of the project would be 8 years. The annual net cash inflows from the project would be $120,000. The salvage value of the assets at the end of the project would be $72,000. The company uses a discount rate of 17%. Compute the net present value of the project.

Reference no: EM133118065

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