Solve the net present value? for the project

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Reference no: EM133002016

Problem 1: Suppose? you're presented with a proposal for a project that costs ?$4,200 and will bring in ?$20,100 the first year. The next? year, you'll have to pay out ?$15,800. With a cost of capital of 14%, calculate the net present value? (NPV) for this project. Round your answer to the nearest cent.

a) $1,273.99
b) $1,358.54
c) $1,258.99
d) $1,385.25

Reference no: EM133002016

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