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What is the maximum that should be invested in a project at time zero if the inflows are estimated at $15,000 annually for 4 years,

  1. What is the maximum that should be invested in a project at time zero if the inflows are estimated at $15,000 annually for 4 years, and the cost of capital is 8%?

    $36,656.45

    $55,200.00

    $49,681.90

    $58,367.41

    Cannot be determined

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