Question: it is not 433,900. must be done in Excel, please show your work. Question 3 0/20 pts A very successful heath and recreation club wants

 it is not 433,900. must be done in Excel, please show

it is not 433,900. must be done in Excel, please show your work.

Question 3 0/20 pts A very successful heath and recreation club wants to construct a mock mountain for climbing and exercise outside for its customers' use. Because of its location, there is a 30% chance of the 120-day season of good outdoor weather, a 50% chance of a 150-day season, and a 20% chance of a 165-day season. The mountain will be used by an estimated 350 persons each day of the 4-month (120-day) season, but by only 100 per day of each extra day the season lasts. The feature will cost $375,000 to construct and require a $25,000 rework every 4 years and the annual maintenance and insurance costs will be $56,000. The climbing fee will be $5 per person. If a life of 10 years is anticipated and a 10% return is expected determine the NPV of the project. $616,260 $215,300 $433,900 $357.210

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