A project costs $12,500 to initiate. Cash flows are estimated as $2,500 a year for the first two years and $3,100 a year for the next three years. The discount rate is 11.25%. The net present value for this project isQuestion 8Answera.-$1,418.88
b.
-$1,418.91c.-$1,418.90
d.
-$1,418.89Mathbot Says...
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