What would be the net present value of a microwave oven that costs 240 and will save you 71 a year in time and food away from

Question

What would be the net present value of a microwave oven that costs 240 and will save you 71 a year in time and food away from home Assume an average return on your savings of 6 percent for five years Use Exhibit 1 D Round time value factor to 3 decimal places intermediate and final answers to 2 decimal places Net present

Kunduz · Accepted Answer

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