What is the net present value of this investment

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An orcharder spends $100,000 to planet pomegranate bushes. It will take four years for the bushes to provide a usable crop. He estimates that every year for 20 years after that he will receive a crop worth $9,500 per year. If the discount rate is 9%, what is the net present value of this investment?

Reference no: EM13765432

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