Homework answers / question archive / Moates Corporation has provided the following data concerning an investment project that it is considering:    Initial investment$380,000  Annual cash flow $133,000per year Expected life of the project 4years Discount rate 13%   The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount

Moates Corporation has provided the following data concerning an investment project that it is considering:    Initial investment$380,000  Annual cash flow $133,000per year Expected life of the project 4years Discount rate 13%   The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount

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Moates Corporation has provided the following data concerning an investment project that it is considering:

 Initial investment$380,000 

Annual cash flow $133,000per year

Expected life of the project 4years

Discount rate 13%

The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

Multiple Choice

• $15,542
• $380,000
• $(247,000)
• $(15,542)