Central Mass Ambulance Service can purchase a new ambulance for $200,000 that will provide an annual net cash flow of $50,000 per year for five years. Calculate the NPV of the ambulance if the required rate of return is 9%
(Round your answer to the nearest $1.)
A) $50,000
B) $(5,061)
C) $(5,517)
D) $5,517
Answer: C
Business
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design. A) approach to the problem B) problem definition C) research design D) both A and B
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