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

Question 104

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) -$135,493 B) -$143,021 C) $165,603 D) $150,548 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) -$135,493
B) -$143,021
C) $165,603
D) $150,548

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