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The following data pertain to an Investment proposal (Ignore income taxes) Cost of the investment Annual cost savings Estinated salvage value Life of the project
The following data pertain to an Investment proposal (Ignore income taxes) Cost of the investment Annual cost savings Estinated salvage value Life of the project Discount rate $60,000 $18,000 $ 7,000 5 years 13% 04 02 Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate discount factorts) using the tables provided The net present value of the proposed investment is closest to: (Round your intermediate caleculations and final answer to the nearest whole dollar amount. Multiple Choice $7307 3.306 $3.801
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