Mailingi Vit Design Layout el Emphasis Heading 2 Normal Strong Subtitle Toot Title Paragraph Styles 3 Q5: Consider the following cash flow series over the twenty-year period of a project. The salvage of the project at the end of its life is negligible End of year 0 12 3 20 Cash Flows ($) 5,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Assuming the interest rate at 18%, compounded annually (a) Calculate the net present valueof the project (present worth of 18% for 20 years of 5 3527) (10 marks) (Answer and show workings here) Hurtals