An Environmental Project Requires Investments of $100,000 in Year 1

question 5

Multiple Choice

An environmental project requires investments of $100,000 in year 1, year 2, and year 3 and yields benefits of $20,000 in year 1; $45,000 in year 2 and $150,000 in year 3. What is the net present value of the project at a discount rate of 4% (rounded to the nearest dollar) ?

• A) +$83,698.
• B) -$84,242.
• C) - $96,272.
• D) None of the above.

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Definitions:

Pregnancy

The period during which a woman carries a developing fetus inside her womb, usually lasting around 40 weeks from the last menstrual period.

Ejaculated

The process of expelling semen from the body, usually accompanying orgasm in males.

Myometrium

The middle, thick, muscular layer of the uterus.

Serous Fluid

A clear, watery bodily fluid that lubricates and reduces friction between tissues, such as in the lining of internal body cavities.