no salvage value

Question 3 (25 Marks) hciconsidering an investment which will require three $50,000 payments at the beginning of the first year, end of the first year, and end of the second year. Annual revenues will follow with the first revenue collected at the end of the third year and the last at the end of the ninth year. The company expects the investment to achieve revenues of $45,000 at the end of the third year. Revenues will increase byS5 ,000 per year for the following six years up to and including the ninth year. MARR-8%. raw the CFD for this investment. If all the initial costs needed for this investment (total of $150,000) are to be financed from a loan at an annual interest rate of 5%. The loan must be drawn in full at the beginning of the first year. The loan will be paid back as one-time payment at the end of the ninth year. Find the Net Present Worth of this project. Is it feasible