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Compute the NPV statistic for Project Y if the appropriate cost of capital is 1 1 percent.Note: Negative amount should be indicated by a minus

Compute the NPV statistic for Project Y 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 YTime: 01234Cash flow: $ 8,300 $ 3,690 $ 4,520 $ 1,860 $ 640Should the project be accepted or rejected?(Click to select)

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