Question
Cost of the investment........$30,000 Annual cost savings..............$9,000 Estimated salvage value.......$4,000 Life of the project...................5 years Discount rate.........................12% (Ignore income taxes in this problem.) The data
Cost of the investment........$30,000
Annual cost savings..............$9,000
Estimated salvage value.......$4,000
Life of the project...................5 years
Discount rate.........................12%
(Ignore income taxes in this problem.) The data shown pertain to an investment proposal. The net present value of the proposed ivestment is closest to?
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
23rd edition
1337794759, 978-1337794756
