(Cash flow list) A certain investment promises to return the following cash flows each year to you at the times indicated:

Year Cash flow 1 $ 6,000 2 8,000 3 10,000 4 10,000 5 10,000 6 12,000 7 12,000

What is the net present value (NPV) of these cashflows at an interest rate of 6%?

Enter has a whole number with no decimals and exclude the $ sign.

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(Cash flow list) A certain investment promises to return the following cash flows each year to you at the times indicated:

Year Cash flow 1 $ 6,000 2 8,000 3 10,000 4 10,000 5 10,000 6 12,000 7 12,000

If the cost of the investment is $40,000, what is the investments internal rate of return (IRR)?

Enter has a number rounded to 2 decimals and exclude the % sign.