Sunland Inc is considering purchasing equipment costing $40000 with a 6-year useful life. The equipment will provide cost savings of $11000 and will be depreciated straight-line over its useful life with no salvage value. Sunland Inc requires a 12% rate of return What is the approximate net present value of this investment Present Value of annuityt 1 Period 113 15 123 4.355 4.231 3889 3.589 20% 14 4111 3.998 $29000 55221 $3978 $6541 Attempts: 0 of 1 used funt at