Question
(Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment $58,000 Annual cost savings $16,000 Estimated salvage
(Ignore income taxes in this problem.) The following data pertain to an investment proposal:
| Cost of the investment | $58,000 |
| Annual cost savings | $16,000 |
| Estimated salvage value | $8,000 |
| Life of the project | 5 years |
| Discount rate | 11% |
| Use Excel or financial calculator to solve. |
| The net present value of the proposed investment is closest to: |
$34,000
$5,880
$1,136
$4,744
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Compliance Audits And Plans For Healthcare
Authors: Cherilyn G. Murer, Michael A. Murer, Lyndean Lenhoff Brick, Healthcare Financial Management Association (U. S.)
1st Edition
0070444625, 978-0070444621
