The in itial cost of an investment is $65,000 and thecost of capital is I 0%. The return is $ 16,000 per year for 8 years.What is the net present value?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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The in itial cost of an investment is $65,000 and the
cost of capital is I 0%. The return is $ 16,000 per year for 8 years.
What is the net present value?
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