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A project requires a $45,000 inntal investment and is expected to generate end-of-penod annual cash inflows of $20,500 for each of three. years. Assuming a

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A project requires a $45,000 inntal investment and is expected to generate end-of-penod annual cash inflows of $20,500 for each of three. years. Assuming a discount rate of 1t\%, what is the net present volue of this itwestment? Selected preserit value factors for a sinple sum are shown in the table below. Multiple Choice 5(3776) 55,096 \$13776 519.175 550.096 50

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