(ignore income taxes in this problem) the following data pertain to an investment proposal: cost...

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Accounting

(ignore income taxes in this problem) the following data pertain to an investment proposal: cost of the investment-$36,000 annual cost savings-$11,000 estimated salvage value -$4,000 life of the project - 5 years discount rate-13% the net present value of the proposed investment is closest to: $4,859 $2,687 $2,172 $21,000

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