Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $28,000 at the end of each of the next 3 years. The opportunity requires an initial investment of $7,000 plus an additional investment at the end of the second year of

$35,000. What is the NPV of this opportunity if the interest rate is 5% per year? Should Marian take it?

The NPV of this opportunity is $

enter your response here____________________

. (Round to the nearest dollar.)

Should Marian make the investment?

Yes/No

. (Select from the drop-down menu.)