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

Compute the NPV statistic for Project U if the appropriate cost of capital is 11 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: $ 2,200 $ 630 $ 2,180 $ 660 $ 580 $ 240

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