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3 pts Question 41 A project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2

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3 pts Question 41 A project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 Year 2 Year 3 Total $12,000 $8,000 $10,000 $30,000 Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below: i = 10% n=1 0.9091 i = 10% n=2 0.8264 i = 10% n=3 0.7513 $25,033.32 $0.00 ($7,461.00) ($4.966.60) $21,000.00

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