Dandy's Fun Park Is Evaluating the Purchase of a New

question 150

Multiple Choice

Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. Dandy's has narrowed their choices down to two: the Wacky Water Race game and the Whack-A-Mole game. Financial data about the two choices follows. What is the net present value of the Wacky Water Race game?
Present Value of $1
Present Value of Annuity of $1

• A)$(24,195)
• B)$(13,306)
• C)$13,306
• D)$24,195

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