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Business, 24.08.2021 03:30 paulusl19

Vextra Corporation is considering the purchase of new equipment costing $35,000. The projected annual cash inflow is $11,000, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows: Periods12 Percent
10.8929
21.6901
32.4018
43.0373

What is the net present value of the machine (rounded to the nearest whole dollar)?
A. ($33,410).
B. ($3,100).
C. $35,000.
D. $3,410.
E. ($1,590).

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