Question: Problem 1 2 - 1 4 ( Algo ) Net present value method [ LO 1 2 - 4 ] Aerospace Dynamics will invest $

Problem 12-14(Algo) Net present value method [LO12-4]
Aerospace Dynamics will invest $140,000 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,$46,000
 Problem 12-14(Algo) Net present value method [LO12-4] Aerospace Dynamics will invest

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