A Given Project Requires a $28,000 Investment and Is Expected $$\begin{array} { c c c } \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \\\hline \$ 12,000 & \$ 13,000 & \$ 12,000\end{array}$$

question 97

Multiple Choice

A given project requires a $28,000 investment and is expected to generate end-of-period annual cash inflows as follows:
$$\begin{array} { c c c } \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \\\hline \$ 12,000 & \$ 13,000 & \$ 12,000\end{array}$$
Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below.
$$\begin{array} { c c c } \begin{array} { c } \mathrm { i } = 10 \% \\\mathrm { n } = 1\end{array} & \begin{array} { c } \mathrm { i } = 10 \% \\\mathrm { n } = 2\end{array} & \begin{array} { c } \mathrm { i } = 10 \% \\\mathrm { n } = 3\end{array} \\\hline .9091 & .8264 & .7513\end{array}$$

• A) $0.00
• B) $2,668.00
• C) ($7,461.00)
• D) $30,668.00
• E) ($4,966.68)

---

Definitions:

Employee Empowerment Unionism

A labor movement approach focusing on strengthening workers' autonomy, decision-making, and participation in workplace and union governance.

Wage Rates

The standard amount of compensation that workers receive in exchange for their labor, often expressed per hour or per unit of work.

Associational Unions

Organizations that represent the interests of a specific group of workers, not based on a particular workplace or employer but rather on shared professions or trades.

Political Pressure

Efforts exerted by individuals, groups, or organizations aiming to influence the decisions or actions of government officials, policy-makers, or any entity in a position of power.