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Calculating net present value M11-6 (Algo) Calculating Net Present Value [LO 11-3] Citrus Company is considering a project that has estimated annual net cash flows

Calculating net present value

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M11-6 (Algo) Calculating Net Present Value [LO 11-3] Citrus Company is considering a project that has estimated annual net cash flows of $42,600 for eight years and is estimated to cost points $200,000, Citrus's cost of capital is 13 percent. Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value eBook Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.) Print Net Present Value $ 4,427.60 References Based on NPV, determine whether project is acceptable to Citrus. O Unacceptable O Acceptable

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