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Question 8 5 pts lnve Co. is considering investment in a new production method. The cost savings from the new method would result in an

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Question 8 5 pts lnve Co. is considering investment in a new production method. The cost savings from the new method would result in an annual increase in cash ow of $15,411. The method will be used for 5 years, and the salvage value is estimated to be $5,879. NPV of the project is computed to be $4,772. If the cost of capital is 10%, what is the upfront investment required for adopting the new production method

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