Question: Calculate the net present value ( NPV ) for a project that has a net initial investment of 3 7 0 0 0 0 (

Calculate the net present value (NPV) for a project that has a net initial investment of 370000(cash outflow) and net cash inflows of $60,000 in year 1,$75,000 in year 2, and $55,000 each year in years 3 throug 20. The required rate of return is 16%.

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