Multiple Choice
EmmaCat Industries estimates that the scratching post project "Wonder Post" will have the following end of the year cash flows.What is the PRESENT VALUE of the inflows of Wonder Post if the annual rate of interest is 10% COMPOUNDED MONTHLY? 
A) $3208.22
B) $3210.73
C) $3199.11
D) $3102.32
Correct Answer:
Verified
Correct Answer:
Verified
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