Are you familiar with the conclusions and recommendations of this researcher?

A focus group typically consists of eight to twelve participants

Indicate whether the statement is true or false

Lisa is pondering the construction and operation of a home-based cattery. She expects it will cost $35,000 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: Year Inflow Outflow 1 6,000 3,000 2 7,000 3,300 3 8,000 3,600 4 9,000 3,900 If the interest rate is 5%, what is the present value of the cattery project? A) -18,800 B) -20,790 C) -26,378 D) -47,168