Turner is purchasing a new machine for a $180,000. The new machine will generate cash flows of $100,000 for each of the next 3 years. Turner uses a discount rate of 15%, what is the present value index?

Turner is purchasing a new machine for a $180,000. The new machine will generate cash flows of $100,000 for each of the next 3 years. Turner uses a discount rate of 15%, what is the present value index?

Turner is purchasing a new machine for a $180,000. The new machine will generate cash flows of $100,000 for each of the next 3 years. Turner uses a discount rate of 15%, what is the present value index?