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Where are they getting "2.4869" from? In "1b", the cost of the project is...

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Finance

Where are they getting "2.4869" from?
In "1b", the cost of the project is $25,000 and returning $10,000 annually for 3 years. The Payback Period is 2.5 years.
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4a. EQ: Net present value =PV of inflows - Cost 4b. EX: What is the NPV of the project in " 1b" if the required return is 10%? NPV=(10,0002.4869)25,000=$131 4c. Rule: Accept the project if the NPV >$0. 4a. EQ: Net present value =PV of inflows - Cost 4b. EX: What is the NPV of the project in " 1b" if the required return is 10%? NPV=(10,0002.4869)25,000=$131 4c. Rule: Accept the project if the NPV >$0

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