Question: Need help with this problem. Please show steps. What is the net present value of a project that has an initial cash outflow of $16,270

Need help with this problem. Please show steps.

What is the net present value of a project that has an initial cash outflow of $16,270 and the following cash inflows? The required return is 10.5%.

year cash inflow
1 4100
2 0
3 8750
4 4375

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