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Winds Turbine Inc. has a power plant project that has a initial investment of $400,000, The estimated life of the project is 10 years. if
Winds Turbine Inc. has a power plant project that has a initial investment of $400,000, The estimated life of the project is 10 years. if the market rate of return is 6%, calculate the Net Present Value.
| Year | Annual Profits |
| 1 | 30,000 |
| 2 | 30,000 |
| 3 | 50,000 |
| 4 | 50,000 |
| 5 | 50,000 |
| 6 | 75,000 |
| 7 | 75,000 |
| 8 | 80,000 |
| 9 | 60,000 |
| 10 | 50,000 |
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