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using the tables provided, if any of us that is made now for $23,500 that will generate a cash inflow of $8000 a year for the next four years. The net present value of the investment, assuming and earnings for a 10% is:

Following is a table for the present value of an annuity of $1 at compound interest: Using the tables provided, if an investment is made now for $23,500 that will generate a cash infiow of sa,000 a yeor for the next 4 years, the net present value of the earnings rate of 10%, is a. 52.500 1. 525,360 c. $1.860 d. $16050