Question: A construction project has the following data: initial outlay $40,000. The required rate of return is 9% per annum. Net cash income for the following

A construction project has the following data: initial outlay $40,000. The required rate of return is 9% per annum. Net cash income for the following years: 1 Year $ 8,000 = 2 Year $ 10,500 = 3rd Year $ 19,000 = 4th Year $ 18,800 = 5th Year $ 18,800 =

12. Net Present Value _____________

13. Determine the payback present value _______

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