Calculate NPV if initial cash outlay is ($21000). And based on NPV, should we accept or reject project. Year Cash Inflows 1 $8,500 2 $7,120 3 $6,450 4 $4,900 Required AAR is 10% Required Rate of return is 12%

Calculate NPV if initial cash outlay is ($21000). And based on NPV, should we accept or reject project.

Year

Cash Inflows

1

$8,500

2

$7,120

3

$6,450

4

$4,900

Required AAR is 10% Required Rate of return is 12%