Calculation of net present value of a project with annuity

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Calculation of net present value of a project with annuity

A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 12%. What is the project's NPV? (Hint: Begin by constructing a timeline)

Reference no: EM1313356

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