Plymouth is looking at a new project on campus that will require an investment of $$1,000,000.$ The cash flows received in the first year are projected at $$200,000,$ and will grow by $$50,000$ each year. What is the projects NPV assuming a five year time period and $10\%$ cost of capital?

$$101,247$

$$92,043$

$$68,373$

$$202,373$

$$500,000$