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Moates Corporation has provided the following data concerning an investment project that it is considering:...

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Accounting

Moates Corporation has provided the following data concerning an investment project that it is considering:

Initial investment $ 210,000
Annual cash flow $ 126,000 per year
Expected life of the project 4 years
Discount rate 9 %

Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.

The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

Multiple Choice

  • $(84,000)

  • $210,000

  • $(198,114)

  • $198,114

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