the sales price to consumers is $150 the retailers markup is 50% Whirlpools after tax profit margin is 4% The hurdle rate is 20% Populations are as follows: Brazil 182 million, China 1.286 billion, and India 1.049 billion. Family size are as follows: Brazil 4.01, China 3.70, and India 4.91. The two-year increase in market penetration is expected to be 20%. To simply your analysis, you decide to calculate the overall two-year increase in sales and allocate 50% to each year 1 and 2. For years 3, 4, and 5 you expect sales to increase by 10% per year.

CALCULATE THE 5-YEAR PRESENT VALUE , NPV IS $34,035,284. PLEASE SHOW ME ALL THE WORK YOU DO IN ORDER TO GET THIS ANSWER NOT ONLY NUMBERS. THANKS!

Initial Investment	$ (30,000,000)
Hurdle rate	20%
Contribution margin
	Brazil	China	India
Population	182,000,000	1,286,000,000	1,049,000,000
Family Size	4.01	3.7	4.91
Total Households
Market Penetration	25%	8%	4.5%
Households who already own a washer
Forecast 2-yr penetration in %	20%	20%	20%
Forecast 2-yr penetration in units
First-year Sales in Units
First-year profits
Second-year profits
Third-year profits
Fourth-year profits
Fifth-year profits
Net Present Value