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Unformatted text preview: Net Present Value (NPV) = $38,712,000 From the result Since the NPV is greater than zero, it would be better to invest in So, GM must have to start the new project of Solar Car. Reference http://en.wikipedia.org/wiki/Net_present_value#Formula http://www.youtube.com/watch?v=aciZNu7kE_g&feature=related Net Present Value :- It is defined as the total present value (PV) of a time series of cash flows. Required Rate of Return is 10% 6 $40,000 1970 $78,800,000 0.1 $7,880,000 $38,912,000 n the project....
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- Spring '10
- Net Present Value