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Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $5,560at the end of each of

Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay

$5,560at the end of each of the next 3 years. The opportunity requires an initial investment of $1,390 plus an additional investment at the end of the second year of $6,950.

What is the NPV of this opportunity if the interest rate is 2.4% per year? Should Marian take it?

What is the NPV of this opportunity if the interest rate is 2.4% per year?

The NPV of this opportunity is

(Round to the nearest cent.)

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