Question
( Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment $20,000 Annual Cost Savings $5,000 Estimated
( Ignore income taxes in this problem.) The following data pertain to an investment proposal:
Cost of the investment $20,000
Annual Cost Savings $5,000
Estimated Salvage value $1,000
Discount rate 16%
The net present value of the proposed investment is:
A. $1,720
b. $ 6,064
c. $ 2,154
D. $2,025
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Streetwise Finance And Accounting How To Keep Your Books And Manage Your Finances Without An MBA A CPA Or A Ph.D
Authors: Suzanne Caplan
1st Edition
1580621961, 978-1580621960
