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The following data pertain to an investment proposal: Cost of investment $115,200 Annual cost savings $25,600 Expected life of investment 5 years Discount rate 6%
The following data pertain to an investment proposal:
| Cost of investment | $115,200 | |
| Annual cost savings | $25,600 | |
| Expected life of investment | 5 years | |
| Discount rate | 6% |
What is the net present value of the proposed investment?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
