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A project generates the following cash flows; Beginning of years: 1 ($100,000) (contractors fees) 2 ($200,000) (contractors fees) 3 ($200,000) (contractors fees) End of Year

A project generates the following cash flows;
Beginning of years:
1 ($100,000) (contractors fees)
2 ($200,000) (contractors fees)
3 ($200,000) (contractors fees)
End of Year 3 : $890,000 (sales)
Calculate the NPV of the project using a risk discount rate of 20% per year.

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