The following data pertain to an investment that is being considered by the management of SublexCompany:
- Discount rate: 10%
- Life of the project: 5 years
- Cost of the investment: $56,865
- Annual cost savings: 15,000
- Estimated salvage value: 3,000
What is the net present value of the proposed investment?© BrainMass Inc. brainmass.com June 4, 2020, 2:44 am ad1c9bdddf
This solution provides steps to determine the net present value.