Question - The Cambro Foundation, a nonprofit organization, is planning to invest $238,296 in a project that will last for three years. The project will produce net cash inflows as follows:
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Year 1
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$81,000
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Year 2
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$89,000
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Year 3
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?
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Required: Assuming that the project will yield exactly a 7% rate of return, what is the expected net cash inflow for Year 3?