1. The Van Rhijn Corporation has decided to invest in a project that is expected to...

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1. The Van Rhijn Corporation has decided to invest in a project that is expected to produce the following cash flows: Year 1 $8,000 Year 2 4,000 Year 3 3,000 The project would require a $8,000 initial investment. Assuming an interest of six percent, what is the net present value of the project? Use time value of money factors with at least 4 decimals places. As needed, round your final answer (but not intermediate steps) to the nearest whole dollar. 1. The Van Rhijn Corporation has decided to invest in a project that is expected to produce the following cash flows: Year 1 $8,000 Year 2 4,000 Year 3 3,000 The project would require a $8,000 initial investment. Assuming an interest of six percent, what is the net present value of the project? Use time value of money factors with at least 4 decimals places. As needed, round your final answer (but not intermediate steps) to the nearest whole dollar.