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A project requires a $43,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $ 17,200 Year 2

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A project requires a $43,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $ 17,200 Year 2 $ 10,600 Year 3 $ 15,200 Total $ 43,000 Help Save & Exit Assuming a discount rate of 13%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below: i = 13% i = 134 i = 13% 01 0.8850 n=2 0.7831 Multiple Choice $0 $31,390 (13,197) $34.058 n = 3 0.6931 25 i=13% n = 1 0.8850 =13% i = 13% n=2 n = 3 0.7831 0.6931 Multiple Choice $0 $31,390 $(13,197) $34,058 $(8.942)

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