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Check my work 6 10 points An engineer has been offered an Investment opportunity that will require an immediate cash outlay of $40,000 for a

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Check my work 6 10 points An engineer has been offered an Investment opportunity that will require an immediate cash outlay of $40,000 for a cash Inflow of $3500 for each year of Investment. However, she must state now the number of years she plans to retain the Investment. Additionally, if the Investment is retained for 6 years, a lump-sum amount of $42,000 will be returned to her, after 10 years, the lump-sum return is anticipated to be $53,500, and after 15 years, it is estimated to be $59,000. Money is currently worth 12% per year. Determine the present worth values for 6 years, 10 years, and 15 years, and decide if the decision is sensitive to the retention period? The present worth when the investment is retained for 6 years is $ The present worth when the investment is retained for 10 years is $ The present worth when the investment is retained for 15 years is $ The present worth is not sensitive ] to the Investment period. eBook 000 Hint Print References

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