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What is the net present value of a project which has an initial cost of $49,000 and produces cash inflows of $16,000 a year for
What is the net present value of a project which has an initial cost of $49,000 and produces cash inflows of $16,000 a year for 6 years if the discount rate is 13 percent?
A. | $13,674.03 | |
B. | $13,602.13 | |
C. | $12,998.41 | |
D. | $14,754.29 | |
E. | $14,960.80 |
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