problem 22-14

Check My Work Problem 22-14 If the cost of capital is 14 percent and an investment costs $33,000, should you make this investment if the estimated cash flows are $4,000 for years 1 through 3,$6,000 for years 4 through 6 , and $12,000 for years 7 through 10 ? Use Appendix B and Appendix D to answer the questions. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. NPV: $ The investment be made