Question: A construction project has the following data: initial outlay $ 400,000. The required rate of return is 9% per year. Net cash income for the

 A construction project has the following data: initial outlay $ 400,000.

A construction project has the following data: initial outlay $ 400,000. The required rate of return is 9% per year. Net cash income for the following years: 1st. year $ 80,000 = 2nd. years $ 100,000 = 3rd. years $ 200,000 = 4th. years $ 250,000 = -Net Present Value ___? -Determine the payback time present value__? 6:04 p. m

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