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Caculate the NPV given the follwoing cash flows if the appropriate required rate of return is 10%. YEAR CASH FLOWS 0 -$60,000 1 20,000 2

Caculate the NPV given the follwoing cash flows if the appropriate required rate of return is 10%.

YEAR CASH FLOWS
0 -$60,000
1 20,000
2 20,000
3 10,000
4 10,000
5 30,000
6 30,000

What is the project's NPV?

Should the project be accepted?

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