Question: Please show all steps and what NPV formula is equal to Compute the NPV for Project M if the appropriate cost of capital is 8

Please show all steps and what NPV formula is equal to Please show all steps and what NPV formula is equal to Compute

Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Time: Cash flow: 0 -$1,000 1 1 $350 2 $480 3 $520 4 $600 5 $100 Answer is complete but not entirely correct. NPV 1,565.61X Should the project be accepted or rejected? accepted rejected

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