f Quail Company invests $54,000 today, it can expect to receive $10,600 at the end of each year for the next four years, plus an extra $6,300 at the end of the fourth year. (
FV of $1, PV of $1, FVA of $1 and PVA of $1)
(Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values.)
What is the net present value of this investment assuming a required 12% return on investments