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).
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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