Use the Following Table, a Company Has a Minimum

Multiple Choice

Use the following table, A company has a minimum required rate of return of 10% and is considering investing in a project that requires an investment of $98,000 and is expected to generate cash inflows of $42,000 at the end of each year for three years. The present value of future cash inflows for this project is

A) $98,000.
B) $104,454.
C) $114,898.
D) $6,454.