an orcharder spends $110,000 to plant pomegranate bushes. it will take four years for thebushes to provide a usable crop. he estimates that every year for 20 years after that he willreceive a crop worth $10,500 per year. if the discount rate is 9%, what is the net present value(npv) of this investment?

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02-11-2022
Business

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an orcharder spends $110,000 to plant pomegranate bushes. it will take four years for thebushes to provide a usable crop. he estimates that every year for 20 years after that he willreceive a crop worth $10,500 per year. if the discount rate is 9%, what is the net present value(npv) of this investment?

Sagot :

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