refer to the following two tables.

-Using the two tables above and a 12 percent discount rate, what would be the present value of the projects net benefits (that is, benefits minus costs)?
A)$43.5 million
B)$301.8 million
C)$100 million
D)$400 million
E)$71.2 million

Question

refer to the following two tables.
  
-Using the two tables above and a 12 percent discount rate, what would be the present value of the projects net benefits (that is, benefits minus costs)?
A)$43.5 million 
B)$301.8 million 
C)$100 million 
D)$400 million 
E)$71.2 million

Quizplus · Accepted Answer

The correct answer is A because the present value of the project's net benefits is $43.5 million. This is calculated by taking the sum of the present values of the benefits and subtracting the sum of the present values of the costs.

Refer to the Following Two Tables