MetaSuppose a project has the following cashflows and the discount rate $($required return$)$ is $12\%.$

t Cash flow

$0$ $ $(30,000)$

$18,000$

$210,000$

$312,000$

$416,000$

$512,000$

Question $15$ options:

The project's discounted cumulative cashflow turns positive between year $4$ and $5,$ to be precise it is $4\mathrm{.}22$

The project's discounted cumulative cashflow turns positive between year $3$ and $4,$ to be precise it is $3\mathrm{.}59$

The project's discounted cumulative cashflow turns positive between year $3$ and $4,$ to be precise it is $3\mathrm{.}12$

The project's discounted cumulative cashflow turns positive between year $3$ and $4,$ to be precise it is $3\mathrm{.}62$