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For an investment with following cash flow, calculate the NPV, Benefit Cost Ratio, and Present Value Ratio at discount rate of 14%. And conclude if

For an investment with following cash flow, calculate the NPV, Benefit Cost Ratio, and Present Value Ratio at discount rate of 14%. And conclude if this is a an economically satisfactory investment. Please show your work.

C=20,000 C=17,500 C=15,000 I=16,000 I=16,000 ... I=16,000 L=17,500
0 1 2 3 4 ... 8

C: Cost, I:Income, L: Salvage value

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