The following data pertain to an investment proposal (Ignore income taxes Cost of the investment...
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Accounting
The following data pertain to an investment proposal (Ignore income taxes Cost of the investment Annual cost savings Estimated salvage value Life of the project Discount rate $ 40,000 S 11,000 $ 5,000 5 years 103 Click here to view Exhibit 1281 and Exhibit 128-2. to determine the appropriate discount factors) using the tables provided. The net present value of the proposed investment is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $1,701 $3,105 O $24,000
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