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The following information pertains to a proposed investment Discount rate 10% Life of the project 4 years Initial investment cost $45,965 Annual cost savings 14,500
The following information pertains to a proposed investment
Discount rate 10%
Life of the project 4 years
Initial investment cost $45,965
Annual cost savings 14,500
Salvage value 2,900
What is the net present value of the proposed investment? (Select the answer that is closest to your calculations)
A) $45,965
B) -$1,981
C) $1,981
D) $0
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