Question: Please break down simply and do not use excel! I'm really trying to understand this stuff :) Calculate the net present value (NPV) for the

 Please break down simply and do not use excel! I'm really Please break down simply and do not use excel! I'm really trying to understand this stuff :)

Calculate the net present value (NPV) for the following project. The project requires an initial investment of $1,980 and provides 5 annual cash inflows of $150. Assume a cost of capital of 12.6%. The net present value is $ . (Round to the nearest cent.)

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