Question: manually solve the problem and/or show functions to use on financial calculator are there formulas for this problem P10-19 NPV and IRR Benson Designs has
"P10-19 NPV and IRR Benson Designs has prepared the following estimates for a long- term project it is considering. The initial investment is $18,250, and the project is expected to yield after-tax cash inflows of $4,000 per year for 7 years. The firm has a 10% cost of capital. Determine the net present value (NPV) for the project. Determine the internal rate of return (IRR) for the project. Would you recommend that the firm accept or reject the project? Explain your answer." P10-19 NPV and IRR Benson Designs has prepared the following estimates for a long term propctitis considering the initial investment is $18.250 andie pojects expected to yield after tax cash inflows of $4,000 per year for 7 years The firm has a 10cost of capital a Determine the net present value (NPV) for the project b Determine the matemal rate of refun (IRR) for the project Would you recommend that the firm accept orrect the project? Explain your
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