Net present value Using a cost of capital of 13%, calculate the net present value for the project shown in the following table and indicate whether it is acceptable

What is the net present value (NPV) of the project?

$ (Round to the nearest cent.)

Is the project acceptable? yes or no?

initial investment (CFo) 285,000

years (t) cash inflows(cf)

1 $100,000 2 $90,000 3 $80,000 4 $70,000 5 $60,000 6 $50,000 7 $40,000 8 $30,000 9 $20,000 10 $10,000