Calculate the net present value (NPV) for the following 20-year projects. Comment on the acceptability of each. Assume that the firm has an Opportunity cost of 14%.
1. Initial investment is $10,000: cash inflows are $2,000 per year
2. Initial investment is $25,000: cash inflows are $3,000 per year
3. Initial investment is $30,000: cash inflows are $5,000 per year" "I need you to show me the formula and calculations.