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A project requires a $40,000 initial investment and is expected to generate end-of-period annual cash inflows of $18,000 for each of three years, Assuming a

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A project requires a $40,000 initial investment and is expected to generate end-of-period annual cash inflows of $18,000 for each of three years, Assuming a discount rate of 12%, What is the net present value of this investment? Selected present value factors for a single sum are shown in the table below: Muitiple Choice 53,234 $43,234 $0 $(12,969) $6.451

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