Below is a table for the present value of $1 at compound interest.
Below is a table for the present value of an annuity of $1 at compound interest. 
Using the tables above, if an investment is made now for $23,500 that will generate a cash inflow of $8,000 a year for the next 4 years, what would be the net present value of the investment, assuming an earnings rate of 10%?
A) $23,500
B) $16,050
C) $25,360
D) $1,860
Correct Answer:
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