Perform a financial analysis for a project using the format provided in Figure 4-5. Assume that the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $200,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $100,000 each year in Years 2, 3, and 4. Use a 10 percent discount rate, and round the discount factors to two decimal places. Create a spreadsheet or use the business case financials template on the companion website to calculate and clearly display the NPV, ROI, and year in which payback occurs. In addition, write a paragraph explaining whether you would recommend investing in this project, based on your financial analysis.

Please fill your answers in the template provided.

Discount rate	10.00%
			Year
	1	2	3	4	Total
Costs	200,000	30,000	30,000	30,000
Discount factor
Discounted costs
Benefits	0	100,000	100,000	100,000
Discount factor
Discounted benefits
Discounted benefits - costs						NPV
Cumulative Discounted benefits - costs
ROI
PAYBACK
Assumptions
Enter assumptions here