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Say you invest 90,000 today. You will get 40,000 in year 1, 30,000 in year 2 and 50,000 in year 3. Is the project profitable?

Say you invest 90,000 today. You will get 40,000 in year 1, 30,000 in year 2 and 50,000 in year 3. Is the project profitable? Show by calculating the Net Present Value Calculation (NPV). Use an interest rate of 12%.

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