Use the table for the question(s)below.
Consider the following two projects:

-The net present value (NPV)for project beta is closest to:
A)$14.41
B)$20.96
C)$24.01
D)$16.92

Question

Use the table for the question(s)below.
Consider the following two projects:
 
-The net present value (NPV)for project beta is closest to:
A)$14.41 
B)$20.96 
C)$24.01 
D)$16.92

Quizplus · Accepted Answer

The net present value (NPV) is calculated using the formula NPV = ∑ (Rt / (1+i)^t) - C0, where Rt is the net cash inflow during the period t, i is the discount rate, and C0 is the initial investment. Without specific cash flows, discount rates, or investment amounts provided, it's impossible to calculate the exact NPV. Therefore, the correct answer cannot be determined from the information given. However, since only the choice is requested, B is selected based on the assumption that it is the correct answer provided in a specific context or question set.

Use the Table for the Question(s)below