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( CF 0 CF 0 ) $77,500 ( t ) ( CF Subscript t CF t ) 1 10,000 2 11,000 3 $12,000

ID: 2803592 • Letter: #

Question

(CF 0CF0)

$77,500

(t)

(CF Subscript tCFt)

1

10,000

2

11,000

3

$12,000

4

$13,000

5

$14,000

6

$15,000

7

$16,000

8

17,000

9

$18,000

10

$19,000

Using a cost of capital of

13%,

calculate the net present value for the project shown in the following table and indicate whether it is acceptable,

LOADING...

.

The net present value (NPV) of the project is

$nothing .

(Round to the nearest cent.)

Is the project acceptable?(Select the best answer below.)

NoNo

YesYes

Initial investment

(CF 0CF0)

$77,500

Year

(t)

Cash inflows

(CF Subscript tCFt)

1

10,000

2

11,000

3

$12,000

4

$13,000

5

$14,000

6

$15,000

7

$16,000

8

17,000

9

$18,000

10

$19,000

Explanation / Answer

CACULATION OF NET PRESENT VALUE OF THE PROJECT Period Particulars Inflow (Outflow) PVF @13% Present Value 0 Outflow $             -77,500.00                         1.0000 $             -77,500.00 1 Inflow $               10,000.00                         0.8850 $                 8,849.56 2 Inflow $               11,000.00                         0.7831 $                 8,614.61 3 Inflow $               12,000.00                         0.6931 $                 8,316.60 4 Inflow $               13,000.00                         0.6133 $                 7,973.14 5 Inflow $               14,000.00                         0.5428 $                 7,598.64 6 Inflow $               15,000.00                         0.4803 $                 7,204.78 7 Inflow $               16,000.00                         0.4251 $                 6,800.97 8 Inflow $               17,000.00                         0.3762 $                 6,394.72 9 Inflow $               18,000.00                         0.3329 $                 5,991.93 10 Inflow $               19,000.00                         0.2946 $                 5,597.18 $               -4,157.87 Net Present Value of the Project = $               -4,157.87 The project will not be acceptable becaue the Net present Value is negative that is - $ 4157.87 Project Acceptable = No