Question: If i = 5 % per period compounded each period, for what value of B is the net present value = 0 . Choose the

If i =5% per period compounded each period, for what value of B is the net present value =0. Choose the closest answer.
Cash Flows:
Year 1 positive B
Year 2 positive $800 and negative B
Year 3 positive $800 and negative B
Year 4 positive $800 and negative 1.5B
Group of answer choices
$1,000
$1,050
$1,100
$1,150

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