Determine the project npv


Problem:

A project requires an initial cash outlay of $60,000 and has expected cash inflows of $15,000 annually for 8 years. The cost of capital is 10%.

Required:

Question: What is the project's NPV?

Note: Please explain comprehensively and give step by step solution.

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Accounting Basics: Determine the project npv
Reference No:- TGS0885067

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