A4Q5

Using NPV, should you invest in a project where the initial cash outflow is $30,000 and the cash inflow in the first year is $2,300 and "grows" at a rate of 2.6 percent thereafter? Assume cost of capital is 10.6 percent. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses eg. (45). Round answer to 2 decimal places, e.g. 5,125.25.) NPV of the project Should you invest in the project