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What is the net present value of a project that has an initial cost of $89,000 and produces cash inflows of $21,000 a year for

What is the net present value of a project that has an initial cost of $89,000 and produces cash inflows of $21,000 a year for 7 years if the discount rate is 11.5 percent? Show work please. a. $8,351 b. $8,365 c. $8,378 d. $8,389 e. $8,396

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