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Problem 9-18 NPV and Discount Rates [LO1] An investment has an installed cost of $519,800. The cash flows over the four-year life of the investment

Problem 9-18 NPV and Discount Rates [LO1]

An investment has an installed cost of $519,800. The cash flows over the four-year life of the investment are projected to be $229,850, $246,450, $213,110, and $161,820.

If the discount rate is infinite, what is the NPV? (Negative amount should be indicated by a minus sign.)

NPV $

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