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Question 4 -Ch 11 Quiz - Conne X Course Hero C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... 1.6> x Ch 11 Quiz O 1 points eBook Ask Graw Saved Help Save & Exit Submit 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 $14,200 and will produce cash flows as follows: Investment End of Year 1 2 3 $ 9,800 29,400 The present value factors of $1 each year at 15% are: 1 2 3 e. 8696 e. 7561 e. 6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832. The net present value (rounded to the nearest whole dollar) of Investment A is: Multiple Choice $19,331. prev 4 Next p Type here to search 750F Cloudy 6:32 PM 4/14/2023
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