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Sun National Bank is considering adding a new branch bank. They know that it will cost $1.5 million to build the branch and they believe

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Sun National Bank is considering adding a new branch bank. They know that it will cost $1.5 million to build the branch and they believe that it will generate $220,000 per year for the next 30 years. Sun National Bank requires a return of 10% on all new projects it undertakes. What is this project's net present value? (10 points) (show all calculations for full credit) TTT Arial 3(12pt) T.E.E.5.0

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