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Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus

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Compute the NPV statistic for Project U if the appropriate cost of capital is 11 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 U Time: Cash flow: 0 1 2 3 4 5 -$1,550 $570 $2,030 -$630 $520 -$210 NPV Should the project be accepted or rejected? accepted rejected

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