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(Ignore income taxes in this problem) The following data pertain to an investment proposal: $36,000 Cost of the investment $11,000 Annual cost savings $4,000 Estimated
(Ignore income taxes in this problem) The following data pertain to an investment proposal: $36,000 Cost of the investment $11,000 Annual cost savings $4,000 Estimated salvage value Life of the project 5 years 13% Discount rate Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table The net present value of the proposed investment is closest to: (Round discount factor(s) to 3 decima places, intermediate and final answers to the nearest dollar amount.) O $4,859 O $2,687 O $2172 O $21,000
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