Question 3(b)
[Maximum number: 2]
Using the data in Table 1.1, calculate the net present value (NPV) over six years discounted at 8%.

Practise multiplying each future cash flow by its discount factor, subtracting the initial investment and interpreting positive or negative NPV as part of an investment decision.
Using the data in Table 1.1, calculate the net present value (NPV) over six years discounted at 8%.