The salvage value of the tractor is expected

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Schaefer organic farms purchased a new tractor at the cost of $80000. Annual operating cash inflows are expected to be $30000 each year for four years. At the end of the tractors useful life, the salvage value of the tractor is expected to be $5000.

What is the net present value if the cost of capital is 12 percent?

Reference no: EM131009729

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