Question
You are looking to start a 3-D printed widget factory. The discount rate is currently 9 and you are projecting the following costs, profits &
You are looking to start a 3-D printed widget factory. The discount rate is currently 9 and you are projecting the following costs, profits & losses:
In year 0 (now): Purchasing manufacturing equipment sand facility., and other startup costs will cost you $50,000. In year 1 you are fairly certain you will turn a profit of $9,000. In year 2, your marketing efforts should pay off and you will turn a profit of $12,000. In years 3 and 4 you should show a profit of $27,000 per year.
State the profit (input number regularly) or loss (input number as a -xxx.xx) from the business in dollars and cents (do not use commas of the $ symbol)
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