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Question 20 The following data pertain to an investment proposal (Ignore income taxes) Description Cost of the investment Annual Cost Savings Estimated salvage value Life

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Question 20 The following data pertain to an investment proposal (Ignore income taxes) Description Cost of the investment Annual Cost Savings Estimated salvage value Life of the project Discount rate Amount $80,000 $25,000 $10,000 10 years 18% Use the following selection from the present value tables, to calculate the net present value of the proposed investment. The net present value of the proposed investment is closest to: Present Value of $1 Period 99 1896 5 0.650 0.437 100.422 0.191 20 0.178 0.037 Present Value of an Annuity of $1 Period 9% 18% 3.890 3.127 6.418 4.494 9.129 5.353 20 O A. ($30,285) OB. 534,260 oc $32,350 D. $30,440 On-Screen Keyboard - AM ** 1 2 3 4 5 6 bly ' 8 0 Tab qwertyuiop Cans asdf ah i k +- Home Del End Enter Insert PgUp PgDn Pause Nav Mv Up Mv Dn

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