A project that will last for $10$ years is expected to have equal annual cash flows of $$98,500.$ If the required return is $7\mathrm{.}8$ percent, what maximum initlal investment would make the project acceptable?

Multiple Choice

$$ $$666,947,08$

$$ $$620,468\mathrm{.}96$

$$ $$1,413,445\mathrm{.}24$

$$ $$637,742\mathrm{.}44$

$$579,104\mathrm{.}36$