TB MC Qu. B-27 (Algo) Xing company is considering investing...

Xing company is considering investing in a project that is expected to return $320,000 five years from now. How much is the company willing to pay for this investment if the company requires a 9% return? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice

• $320,000

• $207,968

• $251,307

• $123,224

• $41,149