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Question 3 1 pts Consider the following information about a proposed project: Increased Sales Increased expenses Tax rate $6,000 per year $2,000 per year 21%

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Question 3 1 pts Consider the following information about a proposed project: Increased Sales Increased expenses Tax rate $6,000 per year $2,000 per year 21% The project costs $12,000 and will be depreciated on a straight line basis over a 10 year life. If the discount rate is 13%, what is the NPV of this project? Round your answer to 2 decimals, for example 100.12

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