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Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign.

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Compute the NPV statistic for Project U if the appropriate cost of capital is 10 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: 3 -$2,480 1 $710 $2,380 -$780 4 $660 - $280 NPV Shoul the project accepted or rejected? O rejected accepted

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