Question: What is the maximum amount a firm should pay for a project that will return $16,000 annually for 5 years if the opportunity cost is

What is the maximum amount a firm should pay for a project that will return $16,000 annually for 5 years if the opportunity cost is 10%?

A.

$54,157.85
B.

$56,861.80
C.

$60652.59
D.

$68,021.20

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