IF THE NET PRESENT VALUE FOR EACH OF THE CASH FLOWS WERE CALCULATE...

35. If the net present value for each of the cash flows were calculated at a10% interest rate, the net present value cash flow at the end of five yearswould be:a. Greater than the total cash flow without the net present value ap-plied.b. Less than the total cash flow without the net present value applied.c. The same as the total cash flow without the net present value ap-d. Cannot be calculated with the information supplied.