6:53 Back Assignment 3 Group 2- Q Cover Main Two young entrepreneurs want to invest $275,000 in a restaurant. Their business plan shows that the restaurant will generate the following cash flows: Year Cashflow 20,000 30,000 40,000 40,000 50,000 60,000 60,000 80,000 90,000 10 90,000 They want to earn at least 12% return They also would like to have their initial investment recovered within 5 Based on the information above, claculate the following: Q1 What is the present value? Q2 What is the net present value? Q3 What is the payback period? Q4 Should these entrepreneurs proceed with this investment? 1 2 3 4 5 6 7 8 9 Use Interest Rate Table to solve for asnwering Q1 years Rubrics 11 marks 1 mark 1 mark 2 marks 15 marks