why doesn't the formula at the very bottom work when i try to put it in excel if that is the correct form to input it?

Initial Outlay = $2,500,000, After-tax operating cash flows for years 1-4 = $650,000 per year Additional after-tax terminal cash flow at end of Year 4 = $200,000 1 Compute the net present value of this project if the company's discount rate is 12 percent. A) -$412,238 B) $398,619 C$187,432 D) $349,217 Answer B =npv(12,-2500000,{650000,650000+200000},{3,1})=-$398,619