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Maxwells Delivery Service is considering a $128,900 project. The project is expected to produce annual cash inflows of $82,000 in year 1, $48,000 in year

Maxwells Delivery Service is considering a $128,900 project. The project is expected to produce annual cash inflows of $82,000 in year 1, $48,000 in year 2, and $29,000 in year 3. What is the projects net present value if the discount rate is 9 percent?

A.

$7,006.38

B.

-$814.67

C.

$11,406.18

D.

$9,123.32

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