Question: can someone help me with this and with formulas please. thank you [14 points) ALC is considering offering catered meal services to seniors who live

can someone help me with this and with formulas please. thank you
can someone help me with this and with formulas please. thank you

[14 points) ALC is considering offering catered meal services to seniors who live at home. They will deliver fresh and frozen prepared meals to the seniors on a weekly basis. They estimate that the start-up costs for the business will be $240,000. Estimated net revenue (income minus expenses) will be $2,100 per week (end of the week). There will be semi-annual maintenance expenses for their delivery trucks and kitchen facilities of $3,000. The long-term future of the business is uncertain so they would like to estimate the profitability of the business over the first 5 years. To evaluate investments, ALC uses a rate of 19.5% APR compounded weekly. For expenses that are incurred semi-annually, this rate is equivalent to 20.44% APR compounded semi-annually. Using Net Present Value (NPV), is this business idea profitable? [14 points) ALC is considering offering catered meal services to seniors who live at home. They will deliver fresh and frozen prepared meals to the seniors on a weekly basis. They estimate that the start-up costs for the business will be $240,000. Estimated net revenue (income minus expenses) will be $2,100 per week (end of the week). There will be semi-annual maintenance expenses for their delivery trucks and kitchen facilities of $3,000. The long-term future of the business is uncertain so they would like to estimate the profitability of the business over the first 5 years. To evaluate investments, ALC uses a rate of 19.5% APR compounded weekly. For expenses that are incurred semi-annually, this rate is equivalent to 20.44% APR compounded semi-annually. Using Net Present Value (NPV), is this business idea profitable

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