Given the following information and assuming straight-line depreciation to zero, what is the NPV of this project?
Initial investment = $500,000 Life = 5 years
Cost savings = $150,000 per year Salvage = $30,000 in year 5
Tax rate = 34% Discount rate = 14%
- -$149,841
- -$33,117
- $0
- $19,800
- $30,650