Schoultz Corporation has provided the following data concerning an investment project that it is considering: The life of the project is 4 years. The company's discount rate is 12%. The net present value of the project is closest to:
A)$700,000
B)$364,000
C)$108,108
D)$808,108

Question

Schoultz Corporation has provided the following data concerning an investment project that it is considering:  The life of the project is 4 years. The company's discount rate is 12%. The net present value of the project is closest to:
A)$700,000 
B)$364,000 
C)$108,108 
D)$808,108

Quizplus · Accepted Answer

The Answer of Schoultz Corporation has provided the following data concerning an investment project that it is considering:  The life of the project is 4 years. The company's discount rate is 12%. The net present value of the project is closest to:
A)$700,000 
B)$364,000 
C)$108,108 
D)$808,108

Schoultz Corporation Has Provided the Following Data Concerning an Investment