An investment that costs $85,000 will return $35,000 per year for 5 years. Determine the net present

 
   

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An investment that costs $85,000 will return $35,000 per year for 5 years. Determine the net present value of the investment if the required rate of return is 12 percent. (Ignore taxes.) Should the investment be undertaken?

An investment that costs 85 000 will return 35 000 per year