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The annual profit from an investment is $25,000 each year for 5 years and the cost of investment is $75,000 with a salvage value of $45,000. The discount rate (cost of capital) at this risk level is 14%. 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 $75,000 with a salvage value of $45,000. The discount rate (cost of capital) at this risk level is 14%. Based on the given information, the net present value of the investment = $☐ (round your response to the nearest whole number).

Advanced Engineering Mathematics
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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The annual profit from an investment is $25,000 each year for 5 years and the cost of investment is $75,000 with a salvage value of $45,000. The discount rate (cost of capital) at this risk level is 14%. Based on the given information, the net present value of the investment = $☐ (round your response to the nearest whole number).
Transcribed Image Text:The annual profit from an investment is $25,000 each year for 5 years and the cost of investment is $75,000 with a salvage value of $45,000. The discount rate (cost of capital) at this risk level is 14%. Based on the given information, the net present value of the investment = $☐ (round your response to the nearest whole number).
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