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RST Corporation is considering an investment proposal in which an investment of $20,000 would be required. The investment would provide cash inflows of $5,000 in

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RST Corporation is considering an investment proposal in which an investment of $20,000 would be required. The investment would provide cash inflows of $5,000 in the first five years and 8,000 in the sixth year. The investment will have no salvage value at the end of six years. If the company's discount rate is 10%, the investment's net present value is closest to (Ignore income taxes.): (See the time value of money sheet in D2L.) $5,817 $3,470 ($1,046) $13,000 RST Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash inflow Salvage value at the end of the project Expected life of the project years Discount rate $160,000 $54,000 per year $11,000 4 years 10% The net present value of the project is closest to: (Use this time value of money sheet) $178,686 $69,404 $11,173 $18,686

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