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What is the net present value for a $55,000 investment ($55,000 in year zero) and cash inflows of $20,000 per year for years 1 through
What is the net present value for a $55,000 investment ($55,000 in year zero) and cash inflows of $20,000 per year for years 1 through 4, using a 4% discount rate?
a. $16,921.06
b. $25,000
c. -$25,000
d. -$16,921.06
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