Compute the NPV statistic for Project U if the appropriate cost

Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent.
(Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project U

Time: 0 1 2 3 4 5

Cash flow -$1,300 $470 $1,780 -$580 $420 -$160

NPV$ _______

Should the project be accepted or rejected?

Accepted

Rejected

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