Multiple Choice
A project requires $10 000 as initial investment and will earn a revenue of $3 000 per year over the next five years. Annual interest rate is 5.4%. What is the present worth of the project's benefits?
A) $2 846
B) $6 348
C) $7 154
D) $10 000
E) $12 846
Correct Answer:
Verified
Correct Answer:
Verified
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