Hi Could You Please Help Me These Questions

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Hi. Could you please help me these questions? Thanks

Question 1

Trevor purchased two trucks for his warehouse for a total of $68,000. This investment saved him $15,500 in truck rental charges every year (from the 1st year), for 10 years. At the end of year 10, he sells both the trucks for a total of $14,000.

a. What is the Net Present Value (NPV) of the investment if the required rate of return is 8%?

Round to the nearest cent

b. Does the investment meet the required rate of return? Yes or No?

Question 2

a.

Round to the nearest cent

b. Is the investment option feasible? yes or no?

 
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