Question: Compute the NPV for Project M if the appropriate cost of capital is 8 percent. Note: Negative amount should be indicated by a minus sign.

Compute the NPV for Project M if the appropriate cost of capital is 8 percent.
Note: 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: 012345
Cash flow: $2,200 $590 $720 $760 $840 $340

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