Flag question Marked out of 6.00 Question 7 Not yet answered A project is expected to produce cash inflows of $6,000 a year for 6 years with a final cash inflow of $8,000 in Year 7. The initial cost of the project is 25,000. If the required rate of return is 12 percent, what is the net present value of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 12.47.) Evious page Next page