a process design engineer, you determine the following data for one of your projects:

Land cost: $$100,000$ two years before start$-$up

Construction costs: $$100,000$ per year spread evenly over the two years before start$-$up$.$

A lump sum payment for a patent made one year before start$-$up of $$500,000$ is required.

After tax cash flow $($including depreciation$)$: $$1,000,\frac{000}{y}r$ for the first five years of project and $$600,000$ for the sixth year $($final$)$ of the project.

termine the present worth $($NPV$)$ of the project at $20\%$ continuous interest. for continuous compounding.

$i_{cff}=e^i-1$