Question: A project has an initial outlay of $3, 849 It has a single payoff at the end of year 8 of $9, 639 What is the net present value (NPV) of the project if the company's cost of capital is 14 21 percent? Round the answer to two decimal places The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.