Problem $13-1$ NPV with Normal Cash Flows $($LG$13-3)$

Compute the NPV statistic for Project $Y$ if the appropriate cost of capital is $11$ percent.

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to $2$ decimal places.

Project $Y$

$\backslash$table$[[$Time:$,0],[$Cash flow:,$-$$$9,000$