Find the net present value of a project that has cash flows of $12,000in Year 1,

Question:

Find the of a project that has cash flows of − $12,000in Year 1, + $5,000 in Years 2 and 3, − $2,000 in Year 4, and + $6,000in Years 5 and 6. Use an interest rate of 12%. Find the interest rate that gives a of zero.
Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...