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What is the net present value of a project that has an initial cost of $25,000 and produces cash inflows of $ 5,500 a year
What is the net present value of a project that has an initial cost of $25,000 and produces cash inflows of $ 5,500 a year for 8 years if the discount rate is 7 percent?
A) $3,635.04
B) $6,500.00
C) $7,842.14
D) $6,189.34
E) $5,712.03
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