What is the net present value of this project

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Question - A project costs $50,000 on January 1, 2010. It is expected to generate cash flows of $10,000 on June 1, 2010; $12,000 on March 1, 2011; $14,000 on November 1, 2011; $16,000 August 1, 2012; and $18,000 on December 1, 2012. The company has a 15% required rate of return. What is the net present value of this project?

Reference no: EM133028773

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