Chapter 8 | Question 7: Please answer the questions below (see image and empty boxes in the images)! Thank you!

You have an opportunity to invest

$51,000

now in return for

$60,900

in one year. If your cost of capital is

8.2%,

what is the NPV of this investment?

You have an opportunity to invest $51,000 now in return for $60,900 in one year. If your cost of capital is 8.2%, what is the NPV of this investment? The NPV will be $ (Round to the nearest cent.)