Question: Question 5 (3 points) A project has an initial cost of $5,000, expected net cash inflows of $6,000 per year for 4 years, and a

 Question 5 (3 points) A project has an initial cost of

Question 5 (3 points) A project has an initial cost of $5,000, expected net cash inflows of $6,000 per year for 4 years, and a cost of capital of 10.7%. What is the NPV of the project? Answer with 2 decimals (i.e. $1,030.42 as 1,030.42)

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