Profitability Analysis

• Initial Investment: $350,000
• Cash Inflows:
  • Year 1: $60,000
  • Year 2: $70,000
  • Year 3: $90,000
  • Year 4: $100,000
  • Year 5: $120,000
• Requirements:

1. Determine the Payback Period.
2. Calculate the NPV at a 13% discount rate.
3. Find the IRR.
4. Compute the PI.
5. Evaluate the project based on the calculated financial metrics.