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Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign, Do

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Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign, Do not round Intermediate calculations and round your final answer to 2 decimal places Project K Time: Cash flow: - 1 2 3 4 5 -$12,000 $6,000 $7,000 $7,000 $6,000-$15,000 NPV Should the project be accepted or rejected? rejected accepted

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