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Stan's ENGM 401 company is considering whether or not to invest in a twenty-year project P1, with the required investment (negative cash flow) in year

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Stan's "ENGM 401 company" is considering whether or not to invest in a twenty-year project "P1", with the required investment (negative cash flow) in year 0 as provided in the table below, and positive cash flows of $205356.53 in each of the years 1 to 20, as can also be seen in the table below. If MARR is 20%, what is the project's Net Present Value (or Net Present Worth)? P1 Year 10 11 2 4 15 16 7 8 19 Cash Flow $921000 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 $205356.53 10 11 12 13 14 15 16 17 18 19 20 Note: Please enter your answer to two decimal places. If using the interest factor method, apply the value of the factor as presented in the table or spreadsheet (with all four decimal places)

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