What is the net present value of a project with an initial cost of $36,900 and cash inflows of $13,400,$21,600,and $10,000 for Years 1 to 3,respectively? The discount rate is 13 percent.
A)−$287.22
B)−$1,195.12
C)−$1,350.49
D)$204.36
E)$797.22

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The Answer of What is the net present value of a project with an initial cost of $36,900 and cash inflows of $13,400,$21,600,and $10,000 for Years 1 to 3,respectively? The discount rate is 13 percent.
A)−$287.22
B)−$1,195.12
C)−$1,350.49
D)$204.36
E)$797.22

What Is the Net Present Value of a Project with an Initial