The following data pertain to an investment proposal( ignore income taxes)
Description Amount
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Business, 21.05.2021 02:00 mmassaro19
The following data pertain to an investment proposal( ignore income taxes)
Description Amount
Cost of the investment $80,000
Annual Cost Savings $25,000
Estimated salvage value $10,000
Life of the project 10 Year
Discount rate 18%
Required:
Calculate the net present value of the proposed investment.
Answers: 2
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