Question: PLEASE SHOW WORK STEP BY STEP PLS AND TY 20. Roman Knoze is considering the following investment. The project will cost $20,000 initially, and will

PLEASE SHOW WORK STEP BY STEP PLS AND TYPLEASE SHOW WORK STEP BY STEP PLS AND TY 20. Roman Knoze

20. Roman Knoze is considering the following investment. The project will cost $20,000 initially, and will return $5,000 in year 1,$10,000 in year 2 , and $15,000 in year 3 . Roman requires a minimum rate of return of 10%. What is the net present value of the project? A. $5,670 B. $2,530 C. $24,070 D. $4,070

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