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Compute the NPV for Project K if the appropriate cost of capital is 6 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 6 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: 0 1 2 3 4 5 -$11,500 $5,750 $6,750 $6,750 $5,750 -$14,500 NPV Should the project be accepted or rejected? rejected accepted

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