A company is considering to invest in a project that is expected to yield the following cash flows; the firms required rate of return from the project is 12%.

Initial Outflow = $75,000

Cash Inflow Year 1 = $30,000

Cash Inflow Year 3 = $45,000

Cash Inflow Year 5 = $65,000

Should the project be accepted?

Answer is Yes, NPV is $33,925.5

Please help by showing how to solve by putting it into the calculator HPbll