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A project that provides annual cash flows of $ 1 6 , 5 0 0 for nine years costs $ 7 1 , 0 0

A project that provides annual cash flows of $16,500 for nine years costs $71,000 today. What is the NPV for the project if the required return is 8 percent? (Do not rounc intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
\table[[NPV,$,31,210.02
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