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3) Given the following project data sheet: Year 1 Year 2 Year 3 Year 4 Investment at time 0 $ 2000 0 0 0

3) Given the following project data sheet: Year 1 Year 2 Year 3 Year 4 Investment at time 0 $ 2000 0 0 0 Revenue 1700 1450 1250 1000 Expense 1000 920 840 760 Determine after federal income tax the present value if the interest rate of 15 % and inflation rate 10%, use mid year continues method.

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