Problem 13-1 NPV with Normal Cash Flows (LG13-3)

Compute the NPV for Project M if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project M
Time:	0	1	2	3	4	5
Cash flow:	$2,100	$570	$700	$740	$820	$320

NPV =

Problem 13-2 NPV with Normal Cash Flows (LG13-3)

Compute the NPV statistic for Project Y if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project Y
Time:	0	1	2	3	4
Cash flow:	$8,500	$3,730	$4,560	$1,900	$680

NPV =