er $2$ Homework

EX$2-3($Algo$)$ A five$-$year project has...

A five year project has a projected net cash flow of $$22,000$ in year $1,$$$30,000$ in year $2,$$$28,000$ in year $3,$$$11,000$ in year $4,$ and $$18,000$ in year $5.$ It will cost $$50,000$ to implement the project. If the required rate of return is $31$ percent, conduct a discounted cash flow calculation to determine the NPV$.($Round your answer to nearest dollar amount. Negative amount should be indicated by a minus slign.$)$

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