Calculate the net present value npv for a 20-year project, Financial Management

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Calculate the net present value npv for a 20-year project

Calculate the net present value ?(NPV?) for a 20?-year project with an initial investment of ?$15,000 and a cash inflow of ?$2,000 per year. Assume that the firm has an opportunity cost of 16?%. Comment on the acceptability of the project.

The? project's net present value is $. (Round to the nearest? cent.)

Should you accept?

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Financial Management: Calculate the net present value npv for a 20-year project

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Financial Management: Calculate the net present value npv for a 20-year project

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