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The following data pertain to an investment: Cost of the investment................... S18.955 Life of the project................. ... 5 Annual cost savings..... ........ $5.000 Estimated salvage

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The following data pertain to an investment: Cost of the investment................... S18.955 Life of the project................. ... 5 Annual cost savings..... ........ $5.000 Estimated salvage value .............. S1.000 Discount rate ......... 10 years The net present value of the proposed investment is: A. $3,355 B. $(3,430) C. $0 D. $621

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