A company has provided the following data concerning an inve…
A company 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 project4 years Discount rate9 %Present Value of $1; 1 ( 1 + r ) n Periods4%5%6%7%8%9%10%10.9620.9520.9430.9350.9260.9170.90920.9250.9070.890.8730.8570.8420.82630.8890.8640.840.8160.7940.7720.75140.8550.8230.7920.7630.7350.7080.68350.8220.7840.7470.7130.6810.650.621Present Value of an Annuity of $1 in Arrears; 1 r Periods4%5%6%7%8%9%10%10.9620.9520.9430.9350.9260.9170.90921.8861.8591.8331.8081.7831.7591.73632.7752.7232.6732.6242.5772.5312.48743.633.5463.4653.3873.3123.243.1754.4524.3294.2124.13.9933.893.791Use the tables above to determine the appropriate discount factor(s).The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)