1. NPVCalculate the net present value (NPV) for a 30-year project with an initial investment of $30,000 and a cash inflow of $8,000 per year. Assume that the firm has an opportunity cost of 15%. Comment on the acceptability of the project. The project's net present value is $________ Round to the nearest cent.

2. Net present valueUsing a cost of capital of 13%, calculate the net present value for the project shown in the following table below and indicate whether it is acceptable, The net present value (NPV) of the project is $________ Round to the nearest cent

Initial Investmnet (CFo) $37,500

Year (t) Cash inflows (CFt)

1 $10,000

2 $9,000

3 $8,000

4 $7,000

5 $6,000

6 $5,000

7 $4,000

8 $3,000

9 $2,000

10 $1,000