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13.Rent-to- own equipment Co. is considering a new inventory system that will cost $450.000. The system is expected to generate cash flows over the next
13.Rent-to- own equipment Co. is considering a new inventory system that will cost $450.000. The system is expected to generate cash flows over the next four years in the amounts of $250,000 in years one, $125, 000 in year two, $110,000 in year three, and $80,000 in year four. Rent-to- own's required rate of return is 10%. What is the net present value of this project?
A) $115,000
B) $45,328
C) $34,773
D) $17,750
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