Expected Cash Flows

Year	Cash Inflow
0	($8,000)
1	$3,000
2	$3,000
3	$3,000
4	$3,000
5	$3,000

1. Calculate the Net Present Value (NPV) at a 11% discount rate.
2. Determine the Internal Rate of Return (IRR).
3. Compute the payback period.
4. Assess the profitability index.
5. Recommend whether to proceed with the project.