Financial Assessment

• Initial Investment: $380,000
• Cash Inflows:
  • Year 1: $70,000
  • Year 2: $90,000
  • Year 3: $110,000
  • Year 4: $130,000
  • Year 5: $150,000
• Requirements:

1. Determine the Payback Period.
2. Calculate the NPV at a 14% discount rate.
3. Find the IRR.
4. Compute the PI.
5. Evaluate the project's viability based on the financial metrics.