$18\mathrm{.}4$ points

Fryday's Restaurant is evaluating an investment in new kitchen appliances which will cost $$68,000.$ Fryday's management has set a minimum required rate of return of $12\%$ for all new investments. The Internal Rate of Return on this investment is $15\%.$ What could be the present value of the future cash flows?

$$57,132$

$$64\mathrm{.}252$

$$80,957$

$$34,843$