This Question 1 pt 10 of 31 0 complete This Test 31 pts poss

This Question: 1 pt 10 of 31 (0 complete) This Test: 31 pts possible EQuestion Help Calculate the net present value (NPV) for the following project. The project requires an initial investment of $2,000 and provides 5 annual cash inflows of $160. Assume a cost of capital of 12.6%. The net present value is (Round to the nearest cent)

Solution :

1. Npv = annual cash inflow x APVF@12.6% - initial investment