A project is expected to create operating cash flows of $24,500 a year for three years. The initial cost of the fixed assets is $55,000. These assets will be worthless at the end of the project. An additional $4,000 of net working capital will be required throughout the life of the project. What is the project's net present value if the required rate of return is 10 percent

$4,933.13

Explanation:

The computation of the net present value is shown below:

Year              Cash flow        PVF at 10%         Present value

0                    -$59,000               1.000            $(59,000.00)

1                      $24,500              0.909             $22,272.73

2                 $24,500               0.826       $20,247.93

3                 $28,500               0.751               $21,412.47

Net present value                                                $4,933.13

i think the answer to your question is b. directive

answer; property tax payment made in july and december;