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You are making a $ 1 2 0 , 0 0 0 investment and feel that a 1 0 percent rate of return is reasonable

You are making a $120,000 investment and feel that a 10 percent rate of return is reasonable given the nature of the risks involved. You feel you will receive $48,000 in the first year, $54,000 in the second year, and $56,000 in the third year. You expect to pay out $12,000 as an additional investment in the fourth year. What is the net present value of this investment given your expectations?
$16,233.33
$2,141.93
$14,206.10
$18,534.25
$5,607.16
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