Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $ 4,840 at the end of each of the next 3 years. The opportunity requires an initial investment of $ 1,210 plus an additional investment at the end of the second year of $6,050. What is the NPV of this opportunity if the interest rate is 1.7 % per year? Should Marian take it?

What is the NPV of this opportunity if the interest rate is 1.7 %per year?

The NPV of this opportunity is $________. (Round to the nearest cent.)