Question: A project will cost $45,000 to develop. When the system becomes operational, after a one-year development period, operational costs will be $9,000 during each year

 A project will cost $45,000 to develop. When the system becomes

A project will cost $45,000 to develop. When the system becomes operational, after a one-year development period, operational costs will be $9,000 during each year of the system's five-year useful life. The system will produce benefits of $30,000 in the first year of operation, and this figure will increase by a compound 10% each year. What is the payback period for this project? Using the same facts as in Project 2, what is the ROI for this project? Using the same facts as in Project 2, what is the NPV for this project

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