Refer to the Data Provided in Table 11 -Refer to Table 11

question 118

Multiple Choice

Refer to the data provided in Table 11.1 below to answer the following question(s) .
Table 11.1 $$\begin{array}{l}\begin{array} { l c c } &\text { Total Investment }&\text {Expected Rate of Return }\\ { \text { Project } } & \text { (dollars) } & \text { (percentage) } \\\hline \text { New tablet computer for sales staff } & \$ 500,000 & 22 \\\text { Remodel for distribution center } & \$ 400,000 & 18 \\\text { On-site day care center } & \$ 200,000 & 10 \\\text { Employee fitness center } & \$ 100,000 & 8\end{array}\end{array}$$
-Refer to Table 11.1. If the interest rate is 9%, Nashbar Bicycle's total investment would be

• A) $200,000.
• B) $300,000.
• C) $900,000.
• D) $1,100,000.