Lisa is pondering the construction and operation of a home-based cattery.She expects it will cost $25,000 to construct and will have a lifespan of four years before it collapses due to faulty construction and ammonia rot.Cash flows during those four glorious years are estimated as follows: If the interest rate is 5%,what is the present value of the cattery project?

Question

Lisa is pondering the construction and operation of a home-based cattery.She expects it will cost $25,000 to construct and will have a lifespan of four years before it collapses due to faulty construction and ammonia rot.Cash flows during those four glorious years are estimated as follows:  If the interest rate is 5%,what is the present value of the cattery project?

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The Answer of Lisa is pondering the construction and operation of a home-based cattery.She expects it will cost $25,000 to construct and will have a lifespan of four years before it collapses due to faulty construction and ammonia rot.Cash flows during those four glorious years are estimated as follows:  If the interest rate is 5%,what is the present value of the cattery project?

Lisa Is Pondering the Construction and Operation of a Home-Based