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If $10,000 Is Invested in a Certain Business at the Start

Question 85

Multiple Choice

If $10,000 is invested in a certain business at the start of the year,the investor will receive $3000 at the end of each of the next four years.What is the net present value (NPV) of this business opportunity if the interest rate is 7% per year?


A) $148.53
B) $161.63
C) $172.45
D) $178.88
E) $183.43

Correct Answer:

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