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The initial investment on a project is $125,000. Following are the estimated annual cash inflows: Year Cash Flows 1

The initial investment on a project is $125,000. Following are the estimated annual cash inflows: 


  1. Year      Cash Flows 

  3. 1              30,000 

  5. 2               45,000 

  7. 3               30,000 

  9. 4               40,000 

  11. 5               50,000 

What is the NPV for this project using a discount rate of 9%?

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