A project has an initial cost of $75,000, expected net cash inflows of $14,000 per year for 11 years, and a cost of capi

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answerhappygod
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A project has an initial cost of $75,000, expected net cash inflows of $14,000 per year for 11 years, and a cost of capi

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A project has an initial cost of $75,000, expected net cashinflows of $14,000 per year for 11 years, and a cost of capital of13%. What is the project's NPV? (Hint: Begin byconstructing a time line.) Do not round intermediate calculations.Round your answer to the nearest cent.
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