Question
The following data pertain to an investment: Cost of the Investment $18,955 Life of the Project 5 years Annual Cost Savings $ 5,000 Estimated Salvage
The following data pertain to an investment:
| Cost of the Investment | $18,955 |
| Life of the Project | 5 years |
| Annual Cost Savings | $ 5,000 |
| Estimated Salvage Value | $ 1,000 |
| Discount Rate | 10% |
What is the net present value of the proposed investment?
Question 7 options:
|
| $3,355 |
|
| $0 |
|
| $621 |
|
| ($3,430) |
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Accounting Information For Business Decisions
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
2nd Edition
0170253708, 978-0170253703
