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Do not round intermediate calculations. Round your answer to the nearest cent eBook NPV A ptcoect has an initial cost of S65,000, expected net cash

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Do not round intermediate calculations. Round your answer to the nearest cent

eBook NPV A ptcoect has an initial cost of S65,000, expected net cash inflows of $13,000 per year for 9 years, and a cost of capital of 11%. What is the project's NPV? (Hint: Begin by constructing a time line.) 00 not round tntevrnechate calculauons. Round your answer to the nearest cent.

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