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Blossom Company is contemplating an investment in a project with a 3 - year life span. The initial investment is $ 4 7 8 2

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Blossom Company is contemplating an investment in a project with a 3-year life span. The initial investment is $47820 and annual cash inflows were $22000 for year 1 ; $21000 for year 2 ; and $25000 for year 3. The salvage value is $0 and straight-line depreciation will be used. Assuming a 15% required rate of return, what is the potential investment's profitability index?
\table[[Year,\table[[Present Value],[of 1 at 15%
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