ABC Service can purchase a new assembler for

ABC Service can purchase a new assembler for $15,052 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the NPV of the assembler if the required rate of return is 12%. (Round your answer to the nearest $1.)
A.
$4,568
B.
$7,621
C.
$1,056
D.
$6,577

 

Solution