How to demonstrate what is the npv of the project

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Question 1: Monroe, Inc., is evaluating a project. The company uses a 13.8 percent discount rate for this project. Cost and cash flows are shown in the table. What is the NPV of the project?

Year                Project

0               ($11,368,000)

1              $ 2,187,589

2               $ 3,787,552

3               $ 3,200,650

4                 $ 4,115,899

5                       $ 4,556,424

Round to two decimal places.

Reference no: EM132562949

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