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Identify the initial cost, the annuities (including income and expenses), the salvage value, and the lifespan of the project. Calculate the net present value of
Identify the initial cost, the annuities (including income and expenses), the salvage value, and the lifespan of the project. Calculate the net present value of the project. You want to open up a small, trendy but quirky restaurant and are looking into the costs: You find a small space to rent for $1500 per month. It will cost you $10,000 to install a kitchen before opening up. You can make $2,500 per month from customers, but it will cost you $1,000 per month to pay a part-time worker and $1,250 per month for food and other costs. At the end of ten years, you plan to retire and hope to sell the restaurant for $35,000 at that Is the restaurant a financially viable project
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