Mathematics · Financial Management

Which of the following are relevant costs for a Net Present Value (NPV) evaluation of a proposed computerized taxi tracking system? 1. Initial investment cost of $2,100,000 2. Depreciation of $420,000 per year 3. Future staff training costs of $425,000 4. Past staff training costs of $75,000 already incurred 5. New staff salaries of $120,000 per year 6. Interest cost of $150,000 per year