What is the approximate net present value, Accounting Basics

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What is the approximate net present value

Cleaners, Inc. is considering purchasing equipment costing $30,000 with a six-year useful life. The equipment will provide cost savings of $7,300 and will be depreciated straight-line over its useful life with no salvage value. Cleaners requires a 10% rate of return. What is the approximate net present value of this investment?

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Accounting Basics: What is the approximate net present value

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Accounting Basics: What is the approximate net present value

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Recent Questions Asked Accounting Basics

Q : How to establish new accounts

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Q : What amount of goodwill should be attributed

Q : What is the approximate net present value

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Ask an Expert for Answer!!

Accounting Basics: What is the approximate net present value

Reference No:- TGS0684055

Recent Questions Asked Accounting Basics

Q : How to establish new accounts

Q : Significant difference in mean systolic blood pressure

Q : The usual adjusting entry transferring expired

Q : What amount of goodwill should be attributed

Q : What is the approximate net present value

Q : Find probability of exactly one error per pages

Q : The master budget for four flags

Q : Analyzing the monthly returns

Q : Determine the units of viscosity

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