Question: Aerospace Dynamics will invest $ 2 2 5 , 0 0 0 in a project that will produce the following cash flows. The cost of

Aerospace Dynamics will invest $225,000 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 AppendixB? for an approximate answer but calculate your final answer using the formula and financial calculator methods.
\table[[Year,Cash Flow],[1,$74,000
 Aerospace Dynamics will invest $225,000 in a project that will produce

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