The following data pertain to an investment proposal: Cost of investment...
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Accounting
The following data pertain to an investment proposal:
| Cost of investment | $113,400 | |
| Annual cost savings | $25,200 | |
| Expected life of investment | 5 years | |
| Discount rate | 14% |
What is the net present value of the proposed investment? (Round answers to 0 decimal places, e.g. 25,000. Enter negative amounts using a negative sign preceding the number e.g. -25,000.) Net present value of proposed investment $enter the net present value of the proposed investment in dollars
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