A project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows...

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Accounting

A project requires a $30,000 investment and is expected to generate end-of-period annual cash inflows as follows: Year1 Year 2 Year 3 Total $12,000 $8,000 $10,000 $30,000 Assuming a discount rate of 10%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below:

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