Calculate the NPV for a project with the following cash flows, a cost of capital of 10% and an initial investment of 35,000.

Year 1: $10,000.00

Year 2: $15,000.00

Year 3: $16,000.00

What is the Net Present Value? _________________

The expected cash flows for a newly planned project are $5,000 per year for the first three years and then $6,000 for the next three years. The Cost of capital is 8% with an initial investment of $25,000. The project will last 6 years

What is the NPV? _________