Suppose a program costs $100 with no benefits in year 0 and has net benefits of $40 for the next three years.With a discount rate of 6%, what is the program's present value?
A)$6.92
B)$20
C)$27.20
D)$13.21

Question

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The Answer of Suppose a program costs $100 with no benefits in year 0 and has net benefits of $40 for the next three years.With a discount rate of 6%, what is the program's present value?
A)$6.92
B)$20
C)$27.20
D)$13.21

Suppose a Program Costs $100 with No Benefits in Year