NPVCalculate the net present value (NPV) for a 30-year project with an initial investment of $35 comma 000 and a cash inflow of $5 comma 000 per year. Assume that the firm has an opportunity cost of 12%. Comment on the acceptability of the project.

The project's net present value is $ 40275.92-5275.92 nothing. (Round to the nearest cent.)

Can you also please show the work, I have multiple questions similar to this. I know the formula is what i shown below, but there has to be a similar way to do this, rather inputting it like 30 times in the calculator.

Homework: Chapter 10 Homework Save Score: 0 of 1 pt 3 of 10 (3 complete) HW Score: 18.33%, 1.83 of 10 p X P10-5 (similar to) Question Help NPV Calculate the net present value (NPV project. i View an Example ^ f12%. Comment on the acceptability of the The project's net present value is $ (Rou Question Help NPV Calculate the net present value (NPV) for a 20-year project with an initial investment of $100,000 and a cash inflow of $5,500 per year. Assume that the firm has an opportunity cost of 10%. Comment on the acceptability of the project. The net present value (NPV) of a project is found by subtracting a project's initial investment (CFO) from the present value of its cash inflows (CF) discounted at a rate equal to the firm's cost of capital (1). The project's NPV is computed as follows: n NPV = CF = tz1 (1+rt-CF $5,500 $5,500.... $5,500 ). - $100,000, EL (1 +0.10)1 + (1+0.10)2 *** (1+0.10)20 ] - = - $53,175.40 The project's NPV is found to be - $53,175.40. Press Continue to see more. Enter your answer in the answer box and t 4 parts Continue Close remaining 1 part I remaining Final Check