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Assessing the net present value

Question: The initial cost of an investment is $65,000 and the cost of capital is 10%. The return is $16,000 per year for 8 years. What is the net present value?

Textbook info: Operations Management, 8th Edition
Authors: Jay Heizer and Barry Render
Prentice-Hall

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Finance Basics: Assessing the net present value

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