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You are making an mvestment of $117031 and require a rate of retum of 12 percent. You expect to receve $42574 in the first year,

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You are making an mvestment of $117031 and require a rate of retum of 12 percent. You expect to receve \$42574 in the first year, S46931 in the socond yoar, and $51069 in the third yoar. Thero will be a cash outhow of $9778 in the fourth year fo close out the investment. What is the het prisent value of this investment

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