Fina and estimate what is the project npv

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Problem 1: A project has an initial cost of $60,000, expected net cash inflows of $9,000 per year for 12 years, and a cost of capital of 9%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.

Reference no: EM133006070

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