Use the Table for the Question(s) Below

question 93

Multiple Choice

Use the table for the question(s) below.

-
A garage is installing a new "bubble-wash" car wash.It will promote the car wash as a fun activity for the family,and it is expected that the novelty of this approach will boost sales in the medium term.If the cost of capital is 10%,what is the net present value (NPV) of this project?

• A) -$214,525
• B) -$145,283
• C) $76,607
• D) $108,306
• E) $86,167

---

Definitions:

Queen Isabella

The Queen of Castile and Aragon who, along with her husband King Ferdinand, funded Christopher Columbus's 1492 voyage, leading to the discovery of the Americas.

Exploratory Voyages

Journeys undertaken by navigators and explorers to discover unknown territories and maritime routes.

Jerusalem

A city in the Middle East, significant to Judaism, Christianity, and Islam, known for its rich historical and religious heritage.

Conquistadors

Spanish explorers and soldiers who participated in the conquest of the Americas in the 16th century, often characterized by their pursuit of gold, conversion of indigenous peoples to Christianity, and establishment of Spanish colonies.