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

Compute the NPV statistic for Project U if the appropriate cost of capital is 10 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: $ 1,300 $ 470 $ 1,780 $ 580 $ 420 $ 160

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