Define the value of the project

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Question: Project Z has an initial outlay of $18,000 and generates positive cash flows in years 1, 2, 3 and 4 of $4,459, $3,304, $2,769, and $4,086 respectively. Using a discount rate of 14%, what is the net present value (NPV) of this project? Show your answer to the nearest dollar and if it is negative, be sure to include the negative sign. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132060389

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