Question: Compute the NPV statistic for Project K if the appropriate cost of capital is 5 percent. Note: Negative amount should be indicated by a minus

Compute the NPV statistic for Project K if the appropriate cost of capital is 5 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: $11,400 $5,700 $6,700$6,700 $5,700$14,400

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