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Calculate the net present value and profitability index of a project with a net investment of $30,000 and expected net cash inflows of $10,000 a
Calculate the net present value and profitability index of a project with a net investment of $30,000 and expected net cash inflows of $10,000 a year for 9 years if the project's required return is 14 percent. Use Table IV to answer the questions. Round your answer for the net present value to the nearest dollar. Round your answer for the profitability index to two decimal places. NPV: \$ PI: Is the project acceptable? The project is
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