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Project's net present value

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What is the net present value of a project that contributes $10,000 at the end of the first year and $5,000 at the end of the second year? The initial cost is $8,000 and the appropriate interest rate is 10%.
$ 5,223
$ 5,951
$ 7,000
$21,223
$23,000

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This solution is comprised of a detailed calculation to find project's net present value.

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What is the net present value of a project that contributes $10,000 at the end of the first year and $5,000 at the end of the second year? The initial cost is $8,000 and ...

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