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Question 7 Not yet answered Marked out of 6.00 p Flag question A project is expected to produce cash inflows of $6.000 a year for

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Question 7 Not yet answered Marked out of 6.00 p Flag question A project is expected to produce cash inflows of $6.000 a year for 6 years with a final cash inflow of $2.000 in Year 7. The initial cost of the project 25.000. if the required rate of returns 12 percent, what is the net present value of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, ex. 12:47)

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