Question: Problem 9 - 9 Calculating NPV and IRR [ LO 1 , 5 ] A project that provides annual cash flows of $ 1 8

Problem 9-9 Calculating NPV and IRR [LO1,5]
A project that provides annual cash flows of $18,300 for ten years costs $89,000 today.
What is the NPV for the project If the required return is 9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Calculation with HP 10bII+ calculator, if possible.

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