A project has an initial cost of 70925 expected net cash, Financial Management

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A project has an initial cost of 70925 expected net cash

A project has an initial cost of $70,925, expected net cash inflows of $11,000 per year for 11 years, and a cost of capital of 8%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.

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Financial Management: A project has an initial cost of 70925 expected net cash

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Financial Management: A project has an initial cost of 70925 expected net cash

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