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A commitment on the project requires an initial outlay of $10 000.00 and a further outlay of $5000.00 after 2 years. Net returns are $5

A commitment on the project requires an initial outlay of $10 000.00 and a further outlay of $5000.00 after 2 years. Net returns are $5 000.00 per year for 6 years. What is the net present value of the project at 16%? $3715.81 $13715.81 $18400.12 $4707.87 -3715.81
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A commitment on the project requires an initial outlay of $10000.00 and a further outlay of $5000.00 after 2 years. Net returns are $5000.00 per year for 6 years. What is the net present value of the project at 16% ? $3715.81 $13715.81 $18400.12 $4707.87 3715.81

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