What Is the Net Present Value of a Project That

question 14

Multiple Choice

What is the net present value of a project that has an initial cost of $42,700 and produces cash inflows of $9,250 a year for 9 years if the discount rate is 14.65 percent?

• A)$798.48
• B)$1,240.23
• C)$1,992.43
• D)$2,111.41
• E)$2,470.01

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Definitions:

Howard Gardner

A developmental psychologist best known for his theory of multiple intelligences, which suggests that intelligence is multifaceted, with different types of intelligence being valued in different cultures.

Poetic

Relating to or characteristic of poetry, including elements like rhythm, symbolism, and expressiveness.

Digital

Pertaining to technology that uses digits, particularly binary digits, for information encoding, storage, and transmission.

Creative

pertains to the ability or quality of generating novel and valuable ideas, solutions, or artistic expressions.