A project has an initial cost of $45,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capit

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answerhappygod
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A project has an initial cost of $45,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capit

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A project has an initial cost of $45,000, expected net cash
inflows of $9,000 per year for 11 years, and a cost of capital of
13%. What is the project's NPV? (Hint: Begin by constructing a
timeline.) Do not round intermediate calculations. Round your
answer to the nearest cent.
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