Find net present value of an investment project


Question: What is the net present value of an investment that costs $75,000 and has a salvage value of $45,000? The annual profit from the investment is $15,000 each year for 5 years. The cost of capital at this risk level is 12%

Textbook info: Operations Management, 8th Edition
Authors: Jay Heizer and Barry Render
Prentice-Hall

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Finance Basics: Find net present value of an investment project
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