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Question 5 Not yet answered Marked out of 7.00 P Flag question An investment project has an initial cost of $60.000 and expected cash inflows

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Question 5 Not yet answered Marked out of 7.00 P Flag question An investment project has an initial cost of $60.000 and expected cash inflows of $12,500, $17,800, $21.600, and $25,800 over Years 1 to 4, respectively. If the required rate of return is 8 percent, what is the net present value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 12.47.) Online calculator: https://www.desmos.com/scientific

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