Evaluating Investment Decision Criteria

The management of GreenTech Solutions is considering an investment project that requires an initial outlay of $500,000. The project is expected to generate cash inflows of $150,000 at the end of each year for 5 years. Management uses different criteria to evaluate investments to ensure that they meet their financial objectives.

Which of the following investment decision criteria would best help management to assess whether the project is worthwhile, taking into account the time value of money?