The following data pertain to an investment proposal:
$\begin{array}{ll}
\text { Cost of investment } & \$ 45,000 \
\text { Annual cost savings } & \$ 10,000 \
\text { Estimated salvage value } & \$ 0 \
\text { Expected life of investment } & 5 \text { years } \
\text { Discount rate } & 10 \%
\end{array}$ What is the present value of the proposed investment?

Question

The following data pertain to an investment proposal:
 $\begin{array}{ll}
\text { Cost of investment } & \$ 45,000 \
\text { Annual cost savings } & \$ 10,000 \
\text { Estimated salvage value } & \$ 0 \
\text { Expected life of investment } & 5 \text { years } \
\text { Discount rate } & 10 \%
\end{array}$ What is the present value of the proposed investment?

Quizplus · Accepted Answer

The Answer of The following data pertain to an investment proposal:
 $\begin{array}{ll}
\text { Cost of investment } & \$ 45,000 \
\text { Annual cost savings } & \$ 10,000 \
\text { Estimated salvage value } & \$ 0 \
\text { Expected life of investment } & 5 \text { years } \
\text { Discount rate } & 10 \%
\end{array}$ What is the present value of the proposed investment?

The Following Data Pertain to an Investment Proposal What Is the Present Value of the Proposed Investment