Question
Calculate the Net Present Value for a project with the following cash flows: Year 1: ($5,000) year 2: 5,000 year 3: 7,000 year 4: 4,000.
Calculate the Net Present Value for a project with the following cash flows: Year 1: ($5,000) year 2: 5,000 year 3: 7,000 year 4: 4,000. The annual interest rate is 5%
A. $12,350.00
B. $11,209.00
C. $11,000.00
D. $9,111.00
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
