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pts bf Replacing old equipment at an immediate cost of $130,000 and an additional outlay of $30,000 six years from now will result in savings

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pts bf Replacing old equipment at an immediate cost of $130,000 and an additional outlay of $30,000 six years from now will result in savings of $32,000 per year for 6 years. The required rate of retum is 8% compounded annually, Compute the net present value and determine if the investment should be accopted or rejected according to the net present value criterion The net protont value of the project is a (Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.) The proposal should be bf mplete bro Enter your answer in the

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