Problem:
Question 1: What is the net present value of a project with the following cash flows if the discount rate is 9 percent? Year 0: $-12750 Year 1: $2050 Year 2: $1800 Year 3: $1775 Year 4: $0
A.-$4,881.00
B.-$5,011.92
C.-$918.55
D.-$7,983.62
E.-$10,303.26