Tampa Corporation Is Considering an Investment Proposal That Will Require

Tampa Corporation is considering an investment proposal that will require an initial outlay of $820,000 and would yield yearly cash inflows of $216,000 for nine years.The company uses a discount rate of 10%.What is the NPV of the investment?
Present value of an ordinary annuity of $1:

A) $378,000
B) $410,000
C) $423,944
D) $251,667