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enot [183]
3 years ago
11

A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital of 14

%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.
Mathematics
1 answer:
ryzh [129]3 years ago
7 0

Answer:

50k

Step-by-step explanation:

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\boxed{\boxed{V \approx 11.08}}\end{array}}\qquad\quad\checkmark
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