A project has an initial outlay of $100,000. The project will generate annual cash flows of $18,000 over the 8-year life

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answerhappygod
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A project has an initial outlay of $100,000. The project will generate annual cash flows of $18,000 over the 8-year life

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A project has an initial outlay of $100,000. The project will
generate annual cash flows of $18,000 over the 8-year life of the
project and terminal cash flows of $7,500 in the last year of the
project. If the required rate of return on the project is 10%, what
is the net present value (NPV) of the project?
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