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Calculate the NPV given the following cash flows if the appropriate required rate of return is 10%. Should the project be accepted? YEAR CASH FLOWS
Calculate the NPV given the following cash flows if the appropriate required rate of return is 10%. Should the project be accepted?
| YEAR | CASH FLOWS |
| 0 | -$60,000 |
| 1 | 20,000 |
| 2 | 20,000 |
| 3 | 10,000 |
| 4 | 10,000 |
| 5 | 30,000 |
| 6 | 30,000 |
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