Question: Please post the work: 30. -A building project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of

Please post the work:

30.

-A building project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 16 percent?

A.

-$311.02

B.

$1,048.75

C.

$4,650.11

D.

$9,188.98

E.

$11,168.02

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