A capacity alternative has an initial cost of $50,000 and cash flow of $20,000 for each of the next four years. If the cost of capital is 5 percent, what is the approximate net present value of this investment?
A) $20,920
B) $26,160
C) $49,840
D) $70,920
E) $106,990
A
Business
You might also like to view...
The National Environmental Policy Act of 1970 (NEPA) is regarded by many as the country's most influential piece of environmental legislation
Indicate whether the statement is true or false
Business
How can qualitative risk assessment be accomplished?
What will be an ideal response?
Business