Compute Net Present Value (NPV) given the following information:

Required Rate of Return = 9.60%

Initial Project Cost = $333,000

Year 1 Cash Flow = $25,000

Year 2 Cash Flow = $95,000

Year 3 Cash Flow = $165,000

Year 4 Cash Flow = $250,000

A

$400,485.74

B C	$67,485.74

$733,485.74

D	$61,574.58

B

C

D

E