Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent.

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.

Project U

Time:	0	1	2	3	4	5
Cash flow:	$ 1,500	$ 550	$ 1,980	$ 620	$ 500	$ 200

NPV = ?

Should the project be accepted or rejected?

(Click to select) Accepted Rejected