Maria owns her own business and is considering an investment. If she undertakes the investment, it will pay $4000 at the end of each of the next three years. The opportunity requires an initial investment of $1000 plus an additional investment at the end of the second year of $5000.

a. Draw the timeline associated with this investment.

b. What is the NPV of this opportunity if the interest rate is 2% per year? Show all work.

c. Should Maria take the investment? Explain.