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You launched Project x that is based on the pre - investor's model. Pre - investors denote nonprofessional or non - institutional investors such as

You launched Project x that is based on the pre-investor's model. Pre-investors denote nonprofessional or non-institutional investors such as friends, family and strangers who help to fund the project. However, they expect to see a return on their investment. Nonetheless, Project x involves a new social media platform that seeks to generate revenue from user subscriptions. To launch the project, the pre-investors need to invest an accumulative amount of R75000,00(year 0). As subscribers and pre-investors join your venture, you expect the initial investment of R75000 to grow, increasing with R15550,00 annually for four years (years 1-4). In the first year, you expect the new social media platform will generate R110000,00, increasing annually with R25000,00. Calculate the net present value (assume a discount rate of 10%)
a. R470800,00
b. R47800,50
c. R590500,00
d. R28027.08
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