Problem $12-14($Algo$)$ Net present value method

$[$LO$12-4]$

Aerospace Dynamics will invest $$195,000$ in a project that will

produce the following cash flows. The cost of capital is $11$ percent.

$($Note that the fourth year's cash flow is negative.$)$ Use Appendix B

for an approximate answer but calculate your final answer using the

formula and financial calculator methods.

a$.$ What is the net present value of the project?

Note: Negative amount should be indicated by a minus sign. Do

not round intermediate calculations and round your answer to

$2$ decimal places.

Net present value