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In 2 0 2 1 , FINA Inc has an opportunity to install additional insulation in its primary factory. It will cost $ 3 2

In 2021, FINA Inc has an opportunity to install additional insulation in its primary factory. It will cost $320,000 to install this insulation. It is expected to save the company $45,000 annually in heating costs for the next ten years. Calculate the Return on Investment for this, using a WACC of 4%. Would you recommend that FINA Inc install the insulation, based on your financial analysis? Why/why not?

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