Question: NPV Calculate the net present value (NPV) for a 30-year project with an initial investment of $15,000 and a cash inflow of $5,000 per year.
NPV Calculate the net present value (NPV) for a 30-year project with an initial investment of $15,000 and a cash inflow of $5,000 per year. The cost of capital is
12%. Comment on the acceptability of the project.
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The project's net present value is $
(Round to the nearest cent.)
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