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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: 0 1 2 3 5 4 $600 -$250 Cash flow: -$2,250 $650 $2,230 -$670 NPV Should the project be accepted or rejected? O accepted O rejected

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