Question: What is the net present value of a project that has an initial cost of $40,000 and produces cash inflows of $8,000 a year for
What is the net present value of a project that has an initial cost of $40,000 and produces cash inflows of $8,000 a year for 11 years if the discount rate is 15 percent?
Group of answer choices
-$21,085
$8,150
$1,870
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