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The following data pertain to an investment proposal: $106,200 Cost of investment Annual cost savings $23,600 Expected life of investment 5 years Discount rate 6%
The following data pertain to an investment proposal: $106,200 Cost of investment Annual cost savings $23,600 Expected life of investment 5 years Discount rate 6% What is the net present value of the proposed investment? (Round answers to decimal places, e.g. 25,000. Enter negative amounts using a negative sign preceding the number e.g.-25,000.) Net present value of proposed investment $
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