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Suppose that you're considering the same project as you examined in the previous question (set up cost of $60,000, and returns of $25,000, $15,000,and $30,000

Suppose that you're considering the same project as you examined in the previous question (set up cost of $60,000, and returns of $25,000, $15,000,and $30,000 at the end of the next three periods), but that the interest rate has increased to r =.10. What is the net present value of the project after the interest rate increase?

- $956.32

- $1459.12

-$2336.60

None of these

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