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Question 75/100 6.685 WF Limited is considering investing $30,000 in a project that is expected to generate a cash return of $10,000 at the end

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Question 75/100 6.685 WF Limited is considering investing $30,000 in a project that is expected to generate a cash return of $10,000 at the end of the first year. The returns from the project are forecast to increase by 10% each year until the end of year 4. At the end of year 4 the assets of the project will be sold for $3,000. The company expects a minimum return of 12% from all projects. What is the net present value of the project (to the nearest S)

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