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Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Nega Do not round intermediate calculations and round your final

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Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Nega Do not round intermediate calculations and round your final answer to 2 decimal Project M Time: Cash flow: 0 1 -$3,400 $730 2 $860 3 $900 4 $980 5 $480 pok NPV nt kint rences Should the project be accepted or rejected? O rejected O accepted

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