What is the npv if the discount rate is 15 percent

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Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $2,459,972. have a life of five years, and would produce the cash flows shown in the following table.

YearCash Flow
1 $489,177
2 -270,589
3 974,619
4 792,381
5 882,678

What is the NPV if the discount rate is 15.75 percent?

Reference no: EM13335143

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