Managers at eller manufacturing are considering purchasing a new refrigerated delivery truck that adaptive practice managerial, 8e will produce equal annual cash flows of $36,000 for 6 years. the trucks net present value is $12,780, its c is $144,000, its useful life is 6 years, and its annual depreciation expense (no salvage value) įs$24,000, what is the discount rate used by eller to evaluate this project? present value of an annuity of 1
col1 period 8% 9% 10% 11% 12% 15%
col2 6 4.623 4.486 4.355 4.231 4.111 3.784
a. 11%
b: 12%
c) 1096
d) 9%