Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $36,000 t
o purchase equipment. The equipment will have a residual value at the end of its life of $5,000. The useful life of the equipment is 4 years. The new project is expected to generate additional net cash inflows of $19,000 per year for each of the four years. Coyne's required rate of return is 10%. The net present value of this project is closest to:+
1 answer:
Answer:
$27,643
Step-by-step explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
The formula for the NPV can be found in the attached image.
The NPV can be found using a financial calculator:
The cash flow for year zero = $-36,000
Cash flow from year one to three = $19,000
Cash flow for year four =$19,000 + $5,000 = $24,000
I = 10%
NPV = $27,643
I hope my answer helps you
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Answer:
B. The function has an even degree.
Step-by-step explanation:
We have been given an image of a polynomial function. We are asked to choose the correct options about our given polynomial.
A. The function has a negative leading coefficient.
Upon looking at our given graph, we can see that it is an upward opening parabola, so leading coefficient can't be negative, therefore, option A is not true.
B. The function has an even degree.
Upon at our given graph, we can see that it is symmetric to y-axis, therefore it has an even degree polynomial and option B is the correct choice..
C. The function has zero turning points.
Upon looking at our given graph, we can see that as function approaches towards 0 from negative infinity it is decreasing. As function increases positive infinity from 0, it is increasing, therefore, our function has a turning point at , therefore, option C is incorrect.
D. The function has one x-intercept.
Since our function never intersects x-axis, therefore, function has no x-intercept and option D is incorrect as well.
