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A project requires a $32.000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Assuming a discount rate of 14%, what

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A project requires a $32.000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Assuming a discount rate of 14%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below: i=14%i=14%i=14%n=1n=2n=3 i=14%n=10.8772i=14%n=20.7695i=14%n=30.6750 $(10,400) $0 $24,982 $23,680 $(7,018)

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