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Costco invests in a project that will generate $10,000 on January 1, 2014, $23,200 on May 8, 2014, $32,000 on September 21, 2014, $42,000 on

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Costco invests in a project that will generate $10,000 on January 1, 2014, $23,200 on May 8, 2014, $32,000 on September 21, 2014, $42,000 on May 18, 2015 and $55,000 on October 21, 2015. If the discount rate is 5%, what is the present value of the project? A. $153,347.25 B. B. $151,615.14 C. $158,329.23 D. $154,041.10

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