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NPV Calculate the net present value (NPV) for a 10-year project with an initial investment of $35,000 and a cash inflow of $5,000 per year.

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NPV Calculate the net present value (NPV) for a 10-year project with an initial investment of $35,000 and a cash inflow of $5,000 per year. The cost of capital is 16%. Comment on the acceptability of the project. The project's net present value is $ (Round to the nearest cent.)

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