A company has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Present value factors: O $240 O $100,000 LA LA Present value of $1 table: 4 years 8% = 0.735 Present value of annuity table: 4 years 8% = 3.312 O $480,000 $ The life of the project is 4 years. The company's discount rate is 8%. The net present value of the project is closest to: O $480,240 $ 480,000 145,000per year

A company has provided the following data concerning an investment project that it is considering: Present value factors: Present value of $1 table: 4 years 8%=0.735 Present value of annuity table: 4 years 8%=3.312 The life of the project is 4 years. The company's discount rate is 8%. The net present value of the project is closest to: $240 $100,000 $480,000 $480,240