Finding the NPV of the Investment

The cost of investment $30,000
The estimated annual profit $5,000 for the first year
The annual profit increases by 30% annually
The useful life of the investment is 5 years
The estimated cost of capital 10%

Find the net present value of the investment.

© SolutionLibrary Inc. 9836dcf9d7

Solution Preview $5,000
Growth rate 30%
Useful Life of the investment 5 ...