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AreaPresent value of $ 1 Periods 4 % 6 % 8 % 1 0 % 1 2 % 1 4 % 1 0 . 9
AreaPresent value of $
Periods
Present value of an annuity of $
Periods
A firm is considering a project with an initial investment of $ and annual cash inflows of $ The project would have an eightyear life, and the company uses a discount rate of What is the NPV of the project? Use the discount tables provided and round the answer to the nearest dollar if needed.
a $
b $
c $
d $
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