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The following data pertain to an investment proposal (Ignore income taxes.): Cost of the
investment $ 35,000 Annual Income $ 12,000 Estimated salvage value $ 6,000 Life of the project
4 years Discount rate 10% The net present value of the proposed investment is closest to: Round
to nearest dollar. Answer:

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The following data pertain to an investment proposal (Ignore income .pdf

  • 1. The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment $ 35,000 Annual Income $ 12,000 Estimated salvage value $ 6,000 Life of the project 4 years Discount rate 10% The net present value of the proposed investment is closest to: Round to nearest dollar. Answer: