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An investment that costs $24,500 will produce annual cash flows of $4,900 for a period of 6 years. Further, the investment has an expected salvage

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An investment that costs $24,500 will produce annual cash flows of $4,900 for a period of 6 years. Further, the investment has an expected salvage value of $2,950. Given a desired rate of return of 12%, what will the investment generate? Use Appendix Table 1 and Table 2. (Do not round intermediate calculations. Round your answer to the nearest whole dollar.) Multiple Choice A positive net present value of $1,577. O A negative net present value of $2,860. A positive net present value of $24,500. O A positive net present value of $20.729. O

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