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Business, 19.05.2020 20:06 Mercedes12152002
The following data pertain to an investment proposal:
$36,000 Cost of the investment
$11,000 Annual cost savings
$4,000 Estimated salvage value
Life of the project 5 years
13% Discount rate
The net present value of the proposed investment is closest to: (Round discount factor(s) to 3 decima places, intermediate and final answers to the nearest dollar amount.)
a) $4,859
b) $2,687
c) $2172
d) $21,000
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Answers: 1
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The following data pertain to an investment proposal:
$36,000 Cost of the investment
$...
$36,000 Cost of the investment
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