Assume that you are given the opportunity to invest in your uncle's business. The initial cost for the investment is $55,000. Your expected cash flows for the investment are as follows.

Year Cash-flows

0-4 $4,000

5 through 20 you will receive $5,000 each year

Compute the present value of the investment, assuming you can invest in projects of similar risk paying an interest rate of 9%. Is this a good investment? Why or why not. Show your work