Please include Excel

3. You want to start a business which has an initial cost of $30,000. If your future cashflows Year 1-5 are expected to be $8,000; $7,000; $5,000; $3,000 & $20,000 and the bank loan to borrow the $30,000 has 8% interest rate, should you start this business? Prove using NPV and then one sentence as to why or why not