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Stone Inc. is evaluating a project with an initial cost of $25,000. Cash inflows are expected to be $1,700, $1,800, $11,000, $15,000, and $19,000 respectively
Stone Inc. is evaluating a project with an initial cost of $25,000. Cash inflows are expected to be $1,700, $1,800, $11,000, $15,000, and $19,000 respectively in the 5 years over which the project will produce cash flows. If the discount rate is 12%, what is the net present value of the project?
DONT MAKE INTERMEDIATE ROUNDINGS PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DONT USE COMMA SEPARATORS CAN USE FORMULA OR TIME VALUE TABLE WITH 3 DECIMAL PLACES
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