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Question 6 (0.5 points) You have the following information on a potential investment. Capital investment - $100,000 Estimated useful life - 3 years Estimated salvage
Question 6 (0.5 points) You have the following information on a potential investment. Capital investment - $100,000 Estimated useful life - 3 years Estimated salvage value - zero Estimated net cash inflow Year 1 - $50,000 Year 2 - $47,000 Year 3 - $44,000 Required rate of return - 10% What is the net present value of the investment (to the nearest dollar)? $16,882 $17,356 $47,000 $117,356
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