Question: Given the following data: Present Investment Required Net Present Value Annual cost savings Discount Rate Life of the Project $12,000 $430 $? 12% 10 years

 Given the following data: Present Investment Required Net Present Value Annual

cost savings Discount Rate Life of the Project $12,000 $430 $? 12%

Given the following data: Present Investment Required Net Present Value Annual cost savings Discount Rate Life of the Project $12,000 $430 $? 12% 10 years Based on the data given, what would be the profitability index? (Ignore income taxes in this problem.) Multiple Choice 3.05%. 3.58% 35.8%. Cannot be determined from the information given

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