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A project has an initial cost of 56800 expected net cash

A project has an initial cost of $56,800, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of 13%. 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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## Q : Given r and t greater than zero what is true concerning

given r and t greater than zero what is true concerning lump sum present and future value interest factorspresent value