A company is considering investing in a project that is expected to return $450,000 five years from now. How much is the company willing to pay for this investment if the company requires a 10% return? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use
appropriate factor(s) from the tables provided.)
A. $450,000
B. $322,744
C. $279,405
D. $194,661
E. $112,586
Answer: C
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