(Ignore income taxes in this problem.) The following data pertain to an investment proposal: The net present value of the proposed investment is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) Solution Cost of the investment $66,000    Annual cost savings $18,000    Estimated salvage value $7,000    Life of the project 5 years    Discount rate 11%   Table 2: Years 0 1 2 3 4 5 Initial Investment -66000 Anticipated cash flows 18000 18000 18000 18000 18000 Plus Salvage Value (Year 4) 0 7000 Relevant Cash Flows (0 .