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A Garage Is Installing a New "Bubble-Wash" Car Wash

Question 22

Multiple Choice

A garage is installing a new bubble-wash car wash.It will promote the car wash as a fun activity for the family,and it is expected that the novelty of this approach will boost sales in the medium term.If the cost of capital is 10%,what is the net present value (NPV) of this project? A) -$214,525 B) -$145,283 C) $76,607 D) $108,306 E) $86,167 A garage is installing a new "bubble-wash" car wash.It will promote the car wash as a fun activity for the family,and it is expected that the novelty of this approach will boost sales in the medium term.If the cost of capital is 10%,what is the net present value (NPV) of this project?


A) -$214,525
B) -$145,283
C) $76,607
D) $108,306
E) $86,167

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