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If you are planning to invest about $8000 to buy some school bus that have an interest of 12% and have a life value of

If you are planning to invest about $8000 to buy some school bus that have an interest of 12%

and have a life value of 4 years, and with cash flow of $1,500 in the 1st year; $2,000 on the 2nd

year; $3,000 on the 3rd year; and $4000 in the 4th year.

What is the NPV difference from 4th year to the 3rd year

a. $407.73

b. $ 2153.14

c. $ 405.73

d. $ 403.75

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