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Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $ 5 comma 880 at the

Marian Plunket owns her own business and is considering an investment. If she undertakes the investment, it will pay $ 5 comma 880 at the end of each of the next 3 years. The opportunity requires an initial investment of $ 1 comma 470 plus an additional investment at the end of the second year of $ 7 comma 350. What is the NPV of this opportunity if the interest rate is 1.6 % per year? Should Marian take it?

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