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Lynchburg Development has a project that is expected to produce cash inflows of $ 3 , 2 0 0 a year for 4 years with

Lynchburg Development has a project that is expected to produce cash inflows of $3,200 a year for 4 years with a final cash inflow of $4,700 in year 5. The project's initial cost is $10,500. What is the net present value of this project if the required rate of return is 7.8 percent?
Group of answer choices
-$811.46
$1,374.81
$3,374.69
$8,988.12
$5,671.18

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