omb's Flowers has been offered a contract to provide gardening services for the city for the next three years. They will have to purchase additional equipment at a cost of $$68,000,$ which they can sell for $$25,000$ at the end of the contract. They expect to yield profits of $$20,000$ for each of the next three years. Should Bloomb's accept the contract if their capital cost of borrowing is $12\%$ compounded annually?

NPV $=($$$2,168\mathrm{.}87)$ No

NPV $=$ $$5,036\mathrm{.}63$ Yes

NPV $=$ $$293\mathrm{.}19$ Yes

NPV $=($$$12,000)$ No

NPV $=($$$293\mathrm{.}19)$ No