Calculate the net present value

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Reference no: EM131513807

Calculate the net present value (NPV) for a 20-year project with an initial investment of $15,000 and a cash inflow of $2,000 per year. Assume that the firm has an opporunity cost of 13%. Comment on the acceptability of the project.

The project's net present value is $____ (round to the nearest cent.)

Reference no: EM131513807

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