Compute the npv statistic for project u if the appropriate

Question

Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project U

Time:                   0          1            2                3         4            5

Cash flow –    $2,350  $690    $2,330    –$690    $640    –$270

Should the project be accepted or rejected?