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Table 1 Year Cash Flow 0 -9,000 1 4,000 2 3,000 3 2,500 4 1,000 Consider a project with the cash flow as depicted in
Table 1
Year | Cash Flow |
0 | -9,000 |
1 | 4,000 |
2 | 3,000 |
3 | 2,500 |
4 | 1,000 |
"Consider a project with the cash flow as depicted in Table 1: The discount rate for this project is 5%. The net present value (NPV) is ________."" Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."
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