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NPV A project has an initial cost of $ 4 5 , 0 0 0 , expected net cash inflows of $ 8 , 0

NPV
A project has an initial cost of $45,000, expected net cash inflows of $8,000 per year for 10 years, and a cost of capital of 8%. What is the project's NPV?(Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.

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