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

$ 4 comma 240

at the end of each of the next

3

years. The opportunity requires an initial investment of

$ 1 comma 060

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

$ 5 comma 300

.

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

1.8 %

per year? Should Marian take it?