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A project has the following cash flows: Year 0: -$175,000 Year 1: $60,000 Year 2: $25,000 Year 3: $40,000 Year 4: $55,000 Year 5: $70,000

A project has the following cash flows:

Year 0: -$175,000

Year 1: $60,000

Year 2: $25,000

Year 3: $40,000

Year 4: $55,000

Year 5: $70,000

The discount rate is 15%. Calculate the net present value (NPV).

Need exact answer- Not approximate:

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