Determine what is the npv if the discount rate is given

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Reference no: EM13333095

Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $2,102,895. have a life of five years, and would produce the cash flows shown in the following table

Year Cash Flow

1 $543,963

2 -299,171

3 798,022

4 667,016

5 669,670

What is the NPV if the discount rate is 15.29 percent?

Reference no: EM13333095

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