hello

A publisher is deciding whether or not publisher is deciding whether or not to invest in a new printer. The printer would cost $900, and would increase the

cash flows in year 1 by $500 and in year 3 by $800. Cash flows do not change in year 2. If the interest rate is 12%, what is

the net present value of the cash flows from the investment?

a 115.85 b. 1055.59 c. 1076.56 d 346.78