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A project with a 3 year life and a cost of $28,000 generates revenues of $8,000 in year 1, $12,000 in year 2, and $17,000

A project with a 3 year life and a cost of $28,000 generates revenues of $8,000 in year 1, $12,000 in year 2, and $17,000 in year 3. If the discount rate is 3%, what is the NPV of the project?

Question 31 options:

$6,356

$6,635

$6,653

$5,566

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