If the cost of capital is 16 percent and an investment costs $70,000, should you...

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Accounting

If the cost of capital is 16 percent and an investment costs $70,000, should you make this investment if the estimated cash flows are $3,000 for years 1 through 3, $13,000 for years 4 through 6, and $24,000 for years 7 through 10? Use Appendix B and Appendix D to answer the questions. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar.
NPV: $
The investment
-Select-
be made.

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