Brown LLC is investing in a new machine that cost $200,000. The new machine would generate cash flows of $150,000 for each of the next three years. Brown uses a discount rate of 10%. What is the present value index?

index? Present Value Interest Factors Period 296 496 696 896 10% 12% 15% 20% 1 .9804 .9615 .9434 .9259 .9091 .8929 B696 .8333 2 9612 9246 8900 8573 8264 7972 7561 6944 3 9423 8890 8396 7938 .7513 7118 65755787 4 .9238 8548 7921 7350 6830 6355 5718 A823 5 9057 8319 7473 6806 6209 5674 4972 4019 6 8880 .7903 7050 6302 .5645 5066 4323 .3349 7 8706 7599 6651 5835 5132 4523 3759 279 8 8535 .7307 6274 5403 4665 4039 3269 2326 9 8363 .7026 5919 5002 4241 3606 2843 1938 10 8203 6756 5584 A632 3855 3220 2472 1615 11 8043 6496 5268 4289 3505 2875 2149 1346 12 7885 6246 4970 3971 3186 2567 .1869 1122 13 7730 6006 A688 3677 2897 2292 .1625 0935 14 7579 5775 4423 3405 2633 2046 1413 0779 15 7430 5553 4173 3152 2394 1827 1229 0649 16 7284 5339 3936 2919 .2176 161069 0541 17 7142 5134 3714 2703 1978 .1456 0929 0451 18 7002 4936 3503 2502 1799 1300 0808 0376 19 6864 4746 3305 2317 1635 1161 0703 0313 20 6730 4564 3118 2145 1486 0037 0611 0261 5 Select one: a. 1.47 b. 1.61 . 1.87 d. 1.91 O