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8- The following data pertain to an investment: Cost of the investment ...... $18,955 Life of the project .......... 5 years Annual cost savings ...........
8- The following data pertain to an investment: Cost of the investment ...... $18,955 Life of the project .......... 5 years Annual cost savings ........... $5,000 Estimated salvage value ...... $ 1.000 Discount rate .......... 10% The net present value of the proposed investment is; A. $3,355. O B. ($3,430). O C. $-0- D. $621. O
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