Next Page Page 3 of 4 This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question 3 (1 point) Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping's cost of capital is 13.48 percent. What is the NPV of a project if the initial costs are $2,222,915 and the project life is estimated as 7 years? The project will produce the same after-tax cash inflows of $559,483 per year at the end of the year. Round the answer to two decimal places. Your Answer: Answer Next Page Page 3 of 4