Project Y has initial cost of $7,000, and the discount rate for each project is 6%. Expected cash flow is given below for project: YearProject Y1 2,0002 2,5003 3,000 Calculate NPV for this project. Is project Y is profitable?

Project Y has initial cost of $7,000, and the discount rate for each project is 6%. Expected cash flow is given below for project: Year 1 Project Y 2,000 2,500 3,000 Nm Calculate NPV for this project. Is project Y is profitable