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A manufacturer of video games develops a new game over two years. This costs $ 8 5 0 , 0 0 0 immediately and a

A manufacturer of video games develops a new game over two years. This costs $850,000 immediately and a second amount of $850,000 at the end of Year 2. When the game is released, it is expected to make $1.2 million per year for three years after that (i.e. from Year 3 to Year 5). What is the net present value of this decision if the cost of capital is 10%? How to calculate using casio fx-9750 giii
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