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20) A given project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $12,000 Year 2 $8,000

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20) A given project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $12,000 Year 2 $8,000 Year 3 $10,000 Total $30,000 Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below: i= 10% i= 10% n=1 i= 10% n=2 .8264 n=3 .9091 .7513 A) $0.00 B) $21,000.00 C) ($7,461.00) D) $25,033.32 E) ($4,966.68)

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