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briemert2013 briemert2013
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A year ago

The following data pertain to an investment proposal (Ignore income taxes.):

Cost of the investment$ 68,000
Annual cost savings $ 20,000
Estimated salvage value$ 6,000
Life of the project5years
Discount rate13%

Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) 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.)



▸ $2,340

▸ $5,598

▸ $3,258

▸ $42,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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yankeesaremyjamyankeesaremyjam
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A year ago
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briemert2013 Author
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A year ago
Thanks
Shuqin
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Yesterday
Just got PERFECT on my quiz
kaytee23
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2 hours ago
Helped a lot
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