Question: Aerospace Dynamics will invest $ 2 2 0 , 0 0 0 in a project that will produce the following cash flows. The cost of

Aerospace Dynamics will invest $220,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth year's cash flow is negative.) Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.
\table[[Year,Cash Flow],[1,$72,000
 Aerospace Dynamics will invest $220,000 in a project that will produce

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