Question: Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. Should it be accepted or rejected? (Negative amount should

Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. Should it be accepted or rejected? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project U
Time: 0 1 2 3 4 5
Cash flow: $1,500 $550 $1,980 $620 $500 $200

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