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A project has an initial cash outflow of $55,000, total cash flow in year 1 of $22,000, with total cash flows increasing by 5% in

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A project has an initial cash outflow of $55,000, total cash flow in year 1 of $22,000, with total cash flows increasing by 5% in years 2 and 3 . Assuming a discount rate of 10%, what is the project's Net Present Value? $2,784.62 $2,314.05 $1,635.24 $14,355.00 $289.26

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