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A project will produce cash inflows of $2,500 a year for 4 years with a final cash inflow of $6,000 in year 5. The project's
A project will produce cash inflows of $2,500 a year for 4 years with a final cash inflow of $6,000 in year 5. The project's initial cost is $9,000. What is the net present value of this project if the required rate of return is 10 percent?
Group of answer choices
$2,121.58
$3,199.02
$2,650.19
$2,459.27
$2,831.45
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