Computing the npv of vending machine

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You spend $5,000 on a vending machine that will pay you the following cash flows:

Year 1: $500

Year 2: $1,000

Year 3: $1,500

Year 4: $2,000

Year 5: $2,500

At the end of Year 5 you plan to sell the machine for $2,500. If you require a 20% return, what is your NPV?

Reference no: EM132484209

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