Net present value (round to the nearest dollar) of the proposed investment, discounted at an annual rate of 15% (Tables show that the present value of $1 to be received in five periods, discounted at 15%, is 0.497 and that the present value of a five year annuity of $1, discounted at 15%, is 3.352): $_____________

Question

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The Answer of Net present value (round to the nearest dollar) of the proposed investment, discounted at an annual rate of 15% (Tables show that the present value of $1 to be received in five periods, discounted at 15%, is 0.497 and that the present value of a five year annuity of $1, discounted at 15%, is 3.352): $_____________

Net Present Value (Round to the Nearest Dollar) of the Proposed