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A given project requires a $28,500 investment and is expected to generate end-of-period annual cash inflows of $12,000 for each of three years. Assuming a
A given project requires a $28,500 investment and is expected to generate end-of-period annual cash inflows of $12,000 for each of three years. 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 .9091 i = 10% n = 2 .8264 i = 10% n = 3 .7513 Multiple Choice ($7,461.00) $29,841.60 $1,34160 $2.668.00 $0.00
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