Question: Multiple Choice Question 106 Tamarisk, Inc. is considering purchasing equipment costing $48000 with a 6-year useful life. The equipment will provide annual cost savings of

 Multiple Choice Question 106 Tamarisk, Inc. is considering purchasing equipment costing

Multiple Choice Question 106 Tamarisk, Inc. is considering purchasing equipment costing $48000 with a 6-year useful life. The equipment will provide annual cost savings of $13600 and will be depreciated straight-line over its useful life with no salvage value. Tamarisk requires a 10% rate of return. Present Value of an Annuity of 1 6 4.623 4.486 4.355 4.231 4. 3.784 What is the approximate net present value of this investment? $33600 $11228 $9541 O $13010 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER 0na018

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