The annual profit from an investment is $25,000 each year for 5 years and the cost of investment is $80,000 with a salvage value of $50,000. The discount rate (cost of capital) at this risk level is 12%. Based on the given information, the net present value of the investment = $ (round your response to the nearest whole number).

The annual profit from an investment is $25,000 each year for 5 years and the cost of investment is $80,000 with a salvage value of $50,000. The discount rate (cost of capital) at this risk level is 12%. Based on the given information, the net present value of the investment = $ (round your response to the nearest whole number).

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 15E

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