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the answer is no 30026 or 30388 Monty Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the

the answer is no 30026
or 30388
image text in transcribed
Monty Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $(1200). Annual cost savings were: $15000 for year 1;13000 for year 2; and $11000 for year 3 . The amount of the initial investment was $32426 $32788 $30026 $30388

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