A company is considering investing in a new machine that requires a cash payment of $60,949 today The machine will generate annual cash flows of $26,376 for the next three years. Assume the company uses an 8% discount rate. Compute the net present value of this investment.

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A company is considering investing in a new machine that requires a cash payment of $60,949 today The machine will generate annual cash flows of $26,376 for the next three years. Assume the company uses an 8% discount rate. Compute the net present value of this investment. (FV of $1, PV of $1, FVA of $1 and PVA of (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) Chart Values are Based on: Cash Flow Select Chart Amount x PV Factor Present Value Annual cash flow Present Value of an Annuity of 1 Immediate cash outflows Net present value

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