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The following data pertain to an investment:Cost of the investment $ 1 8 , 9 5 5 Life of the project 5 yearsAnnual cost savings$

The following data pertain to an investment:Cost of the investment $18,955Life of the project5 yearsAnnual cost savings$5,000Estimated salvage value $1,000Discount rate10%The net present value of the proposed investment is:($3,430).$0 $621.$3,355.

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