Question: please show steps Question 3 1 pts Consider the following information about a proposed project: Increased Sales $5,000 per year $3,000 per year Increased expenses

please show steps Question 3 1 pts Consider the following information aboutplease show steps

Question 3 1 pts Consider the following information about a proposed project: Increased Sales $5,000 per year $3,000 per year Increased expenses Tax rate 25% The project costs $11,000 and will be depreciated on a straight line basis over a 8 year life. If the discount rate is 13%, what is the NPV of this project? Round your answer to 2 decimals, for example 100.12

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