$[$Ch $9]$ Circle Corp. is considering an $8-$year project that will require an initial outlay of cash today of $$10,000.$ The project is expected to generate the following free cash flows:

$\backslash$table$[[1,2,3,4,5,6,7,8],[$$$1,500,$$$1,500,$$$1,500,$$$1,500,$$$1,650,$$$1,800,$$$2,000,$$$5,000$