initial investment is $340,000. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Calculate the NPV of the investment. Should the company invest in the project? Why or why not? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, X.XXX.) Using the NPV as the basis of its decision, Bradford Company consider the investment because its NPV is Reference Reference Present Value of Ordinarv Annuitv of $1