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TB MC Qu. 24-111 Alfarsi Industries uses the net present value... 13 Alfarsi Industries uses the net present value method to make investment decisions and

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TB MC Qu. 24-111 Alfarsi Industries uses the net present value... 13 Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all Investments. The company is considering two different Investments. Each require an initial Investment of $15,900 and will produce cash flows as follows: 5 points End of Year 1 2 3 Investment B $8,900 $ 8,900 0 8,900 26,700 eBook The present value factors of $1 each year at 15% are: Print References 1 2 3 0.8696 0.7561 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment B is: Multiple Choice $1,655 o $117,555). O $10,800. a $44.255. O O $7.101. Mc Graw

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