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ANSWER FAST FOR RATE investment that costs $6,700 will produce annual cash flows of $3,020 for a period of 4 years. Given a desired rate

ANSWER FAST FOR RATE
investment that costs $6,700 will produce annual cash flows of $3,020 for a period of 4 years. Given a desired rate of return of 12%, what is the present value index? Use Appendix Table 2 (Do not und intermediate calculations. Round your answer to three decimal points.) Multiple Choice 1.369. 0.715 2.510. 2.219

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