Question
The following data pertain to an investment proposal: Cost of the investment $30,000 Annual cost savings $9,000 Estimated salvage value $4,000 Life of the project
The following data pertain to an investment proposal: Cost of the investment $30,000 Annual cost savings $9,000 Estimated salvage value $4,000 Life of the project 5 years Discount rate 12% Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. The net present value of the proposed investment is closest to:
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Human Resource Management
Authors: Robert L. Mathis, John H. Jackson
13th Edition
053845315X, 978-0538453158
