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

$ 5040

at the end of each of the next 3

years. The opportunity requires an initial investment of $ 1260

plus an additional investment at the end of the second year of

$ 6300

.

What is the NPV of this opportunity if the interest rate is

2.4 %

per year? Should Marian take it?