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1 1 1 point An investment costs $ 1 7 3 , 0 0 0 today and promises a series of $ 7 1 ,

111 point
An investment costs $173,000 today and promises a series of $71,000 annual cash inflows in each of the next 5 years. The first cash inflow occurs
one year from today. What is the net present value of this investment if the discount rate is 8%? Round your answer to the nearest dollar. Be sure to
enter a negative sign (-) if your answer is a negative number.
111 point
An investment costs $173,000 today and promises a series of $71,000 annual cash inflows in each of the next 5 years. The first cash inflow occurs
one year from today. What is the net present value of this investment if the discount rate is 8%? Round your answer to the nearest dollar. Be sure to
enter a negative sign (-) if your answer is a negative number.
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