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Lisa Is Pondering the Construction and Operation of a Home-Based

Question 33

Multiple Choice

Lisa is pondering the construction and operation of a home-based cattery. She expects it will cost $25,000 to construct and will have a lifespan of four years before it collapses due to faulty construction and ammonia rot. Cash flows during those four glorious years are estimated as follows: Lisa is pondering the construction and operation of a home-based cattery. She expects it will cost $25,000 to construct and will have a lifespan of four years before it collapses due to faulty construction and ammonia rot. Cash flows during those four glorious years are estimated as follows: If the interest rate is 5%, what is the present value of the cattery project? A) 8,522 B) 8,823 C) 9,124 D) 9,625
If the interest rate is 5%, what is the present value of the cattery project?


A) 8,522
B) 8,823
C) 9,124
D) 9,625

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