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. NET PRESENT VALUE (20 points) A plastic manufacturing company has made a strategic decision to purchase a fleet of 3- D printers and use

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. NET PRESENT VALUE (20 points) A plastic manufacturing company has made a strategic decision to purchase a fleet of 3- D printers and use these printers to produce small and medium products for customers, instead of using traditional injection-mold techniques. Your Project Manager has projected that the new system will reduce labor costs by $60,000 each year over the next five years (Years 1-5). The purchase price (including installation and testing) of the new 3-D printers is $70,750. At the end of the project, the printers will be sold in the secondary market for $12,500. What is the net present value of this investment if the

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