An investment that costs $33,000 will produce annual cash flows of $11,020 for a perod of 4 years. Given a desired rate of return of 9%, what will the investment generate? PV of $1 and PVA of $D (Use appropriete fector(s) from the tables provided. Do not round Intermediete calculetions. Round your answer to the nearest doller.) Mutiple Choice A positive net presert value of $35,702. A negative net present value of $35702 A negative net present value of $2702 A positive net present value of $2702
An investment that costs $33,000 will produce annual cash flows of $11,020 for a perod of 4 years. Given a desired rate of return of 9%, what will the investment generate? PV of $1 and PVA of $D (Use appropriete fector(s) from the tables provided. Do not round Intermediete calculetions. Round your answer to the nearest doller.) Mutiple Choice A positive net presert value of $35,702. A negative net present value of $35702 A negative net present value of $2702 A positive net present value of $2702
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![An tnvestment that costs $33,000 will produce annual cash flows of $11,020 for a perlod of 4 years. Glven a deslred rate of return of 9%, what will the Investment generate? (PV of $1 and PVA of $1 (Use approprlate factor(s) from the tables provlded. Do not round
intermedlete calculetions. Round your answer to the nearest doller.)
Multiple Choice
A positive net present value of $35.702
A negative net present value of $35.702
A negative net present value of $2702.
A positive net present value of $2.702
24 of 25
Next > Jhm](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e1a3f49-76a1-47d2-be7c-586afe137c42%2F05c7ec32-a9f9-4f6a-bfa8-9ade37913f7f%2Fhrddaj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An tnvestment that costs $33,000 will produce annual cash flows of $11,020 for a perlod of 4 years. Glven a deslred rate of return of 9%, what will the Investment generate? (PV of $1 and PVA of $1 (Use approprlate factor(s) from the tables provlded. Do not round
intermedlete calculetions. Round your answer to the nearest doller.)
Multiple Choice
A positive net present value of $35.702
A negative net present value of $35.702
A negative net present value of $2702.
A positive net present value of $2.702
24 of 25
Next > Jhm
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