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Given the following data: Present investment required 10,000 Net present value 1,300 Annual cost savings ? Discount rate 14% Life of the project. 8 years

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Given the following data: Present investment required 10,000 Net present value 1,300 Annual cost savings ? Discount rate 14% Life of the project. 8 years Ignore income taxes in this problem. Based on the data given, the annual cost savings would be (rounded): Select one: O A. 4,024. O B. 2,436. O C. 1,875. O D. 3,704

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