Question: Calculate the net present value ( NPV ) for a 3 0 - year project with an initial investment of $ 2 0 comma 0

Calculate the net present value (NPV) for a 30-year project with an initial investment of $20 comma 000 and a cash inflow of $3 comma 000 per year. The cost of capital is 16%. Comment on the acceptability of the project.

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