What is the net present value of a project that has an
What is the net present value of a project that has an initial cost of $40,000 and produces cash inflows of $8,000 a year for 11 years if the discount rate is 15 percent?
A.
$798.48
B.
$1,240.23
C.
$1,869.69
D.
$2,111.41
E.
$2,470.01
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