Question: Compute the NPV statistic for Project K if the appropriate cost of capital is 7 percent. Note: Negative amount should be indicated by a minus

Compute the NPV statistic for Project K if the appropriate cost of capital is 7 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 K
Time: 012345
Cash flow: $11,600 $5,800 $6,800$6,800 $5,800$14,600
Should the project be accepted or rejected?

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