Expected net cash inflows-begin by constructing a time line

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A project has an initial cost of $36,850, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.

Reference no: EM131354419

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