What is the present worth of the expected revenue

Reference no: EM133380369

Question: Pittsburgh Custom Products (PCP) purchased a new machine for ram-cambering large | beams, PCP expects to bend 50 beams at $3,000 per beam in each of the first 3 years, after which it expects to bend 100 beams per year at $2,800 per beam through year 11, If the company's minimum attractive rate of return is 15% per year, what is the present worth of the expected revenue?

Reference no: EM133380369

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