Discount rate	20%
Assume the project is completed in Year 0			Year
	0	1	2	3	Total
Costs	(500)	0	0	0
Discount factor	1	0.83	0.69	0.58
Discounted costs	(500)	-	-	-	(500)
Benefits	0	250	300	400
Discount factor	1	0.83	0.69	0.58
Discounted benefits	0	208	208	231	648
net flows (without discounting)	(500)	250	300	400
IRR	34%
Discounted benefits - costs	(500)	208	208	231
Cumulative benefits - costs	(500)	(292)	(83)	148

What are the NPV, ROI, and payback period for this project?

NPV = $_______________ ROI = _______% Payback = _______ years