A Machine Will Generate After Tax Revenues of $1331 at the End

Multiple Choice

A machine will generate after tax revenues of $1331 at the end of each year for 3 years,after which it will be worthless. (Its scrap value will only cover the cost of its removal) . The interest rate available to the firm on risk-free bank accounts or bonds is 10 percent. The machine is a worthwhile investment if its purchase price is less than

A) $3,993.00
B) $4,846.17
C) $3,310.00
D) $4,392.30
E) $3,630.00