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A project has an initial cost of $10,000. This project is expected to bring in $2,611 per year for 4 years. If money can earn

  1. A project has an initial cost of $10,000. This project is expected to bring in $2,611 per year for 4 years. If money can earn 2% compounded annually, what is the net present value of this project? If your NPV is less than 0, enter a negative for your answer.

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