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SHOW WORK PLEASE! The following data pertain to an investment that is being considered by the management of Sparky Co: Cost of the investment $37,

image text in transcribedSHOW WORK PLEASE!

The following data pertain to an investment that is being considered by the management of Sparky Co: Cost of the investment $37, 910 Life of the project 5 years Annual cost savings $10,000 Estimated salvage value $ 2,000 Discount rate 10% The net present value of the proposed investment is: a. ($6, 860). b. $-0-. c. $1, 242. d. $6, 710

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