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Consider a project with the following cash flows. Assume the discount rate is 10% What is the cumulative discounted net cash flow for year 2

Consider a project with the following cash flows.

Assume the discount rate is 10%

What is the cumulative discounted net cash flow for year 2 ? (answer correct to two decimal places

	YEAR	0	1	2	3
BENEFITS		0	30000	40000	50000

COSTS		40000	10000	15000	20000

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