Park Co. is considering an investment that requires immediate payment of $27,000 and provides expected cash inflows

Question:

Park Co. is considering an investment that requires immediate payment of $27,000 and provides expected cash inflows of $9,000 annually for four years. If Park Co. requires a 10% return on its investments, what is the of this investment? (Round your calculations to the nearest dollar.)
Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...