Question: Check my work Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a

Check my work Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Time: Cash flow: 1 1 $3,400 $730 2 $860 3 $900 4 $980 5 $480 NPV ces Should the project be accepted or rejected? O rejected accepted

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