The above table shows the future operating profits from an investment. The future operating profits are earned at the end of e the respective years.
-Refer to the table above. If the discount rate is 4 percent and the cost of the investment is $40,000, what is the net present value of the investment?
A) $44,469.77
B) $5,815.32
C) $45,815.32
D) $6,221.77
Correct Answer:
Verified
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