James can invest in a project that will cost $70,000.The project is expected to pay him $95,000 after-tax in 5 years.What is the maximum discount rate, as a whole number, that he could use to evaluate the project that would yield a positive cash flow?
A)5%
B)6%
C)7%
D)8%

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The Answer of James can invest in a project that will cost $70,000.The project is expected to pay him $95,000 after-tax in 5 years.What is the maximum discount rate, as a whole number, that he could use to evaluate the project that would yield a positive cash flow?
A)5%
B)6%
C)7%
D)8%

James Can Invest in a Project That Will Cost $70,000