| Answer: |
|
Present Value of Cash Savings = Annual Cash Savings x PVAF ( 9%, 5 Years ) = $ 86,000 x 3.8897 (or) 3.88965 = $ 334,514 (or) $ 334,510 |
| Present Value = $ 334,514 (or) $ 334,510 |
| Note : |
| The diff. in values is due to Factor value decimals |
just google the factor table its the same everywhere Incognito Company is contemplating the purchase of...
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