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Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment required in 30.000 equipment $ Annual cash inflows $

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Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment required in 30.000 equipment $ Annual cash inflows $ 6,000 Salvage value of $ 0 equipment Life of the investment 15years Required rate of return 10% Refer to Exhibit 12B-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using the tables provided. The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The net present value of the investment is

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