Kipling Company Has Invested in a Project That Has an Eight-Year

question 87

Multiple Choice

Kipling Company has invested in a project that has an eight-year life.It is expected that the annual cash inflow from the project will be $20,000.Assuming that the project has an internal rate of return of 12%,how much was the initial investment in the project? (Ignore income taxes in this problem.) (Round your PV factor to 5 decimal places and final answer to nearest whole dollar amount.)

• A) $64,648.
• B) $80,800.
• C) $99,353.
• D) $160,000.

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Definitions:

Endoneurium

The innermost layer of connective tissue that surrounds individual nerve fibers within a nerve.

Perineurium

A protective sheath of connective tissue that surrounds a bundle (fascicle) of nerve fibers within a nerve.

Postsynaptic Membrane

The region of a neuron that receives and responds to neurotransmitters from the presynaptic neuron during synaptic transmission.

Receptor

A specialized cell or group of nerve endings that responds to changes in the environment, such as chemicals, heat, or light.