determine the appropriate discount factors

Assume that a company is considering purchasing a machine for $50,000 that will have a five-year useful life and no salvage value. The machine will lower operating costs by $17,000 per year. The company's required rate of return is 18% What is the net present value of this investment? Click here to view Exhibit 148.1 and Exhibit 143-2. to determine the appropriate discount factor(s) using table. Multiple Choice $3,159 O $3,896 O $3,796 $3,359