Question $29$

$1$ pts

What is the net present value of a project that has an initial cost of $$40,000$ and produces cash inflows of $$8,000$ a year for $11$ years if the discount rate is $15$ percent?

$$1\mathrm{.}880\mathrm{.}89$

$1*$

$$2\mathrm{.}470\mathrm{.}01$

$574$t $4$

$$2\mathrm{.}111\mathrm{.}41$