Question: NEED SOLVED ASAP WILL RATE((: An orcharder spends $95,000 to plant pomegranate bushes. It will take four years for the bushes to provide a usable
NEED SOLVED ASAP WILL RATE((:
An orcharder spends $95,000 to plant pomegranate bushes. It will take four years for the bushes to provide a usable crop. He estimates that every year for 20 years after that he will receive a crop worth $10,000 per year. If the discount rate is 9%, what is the net present value (NPV) of this investment? A. $6,066 B. $9,099 C. $15,166 D. $30,331
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