Please help me study by answering this question. Thanks. A proposed project to build handicap ramps for side-load vans requires an investment of $1,500,000, to be depreciated straight-line over a five-year life to zero. Opportunity cost is 16%. Each electric ramp will sell for $22,000, with variable costs of $14,000.Fixed cost are $300,000 per year.Sales are anticipated at 500 units for the five years, or 100 per year. Ignore taxes.

The total contribution margin in dollars per year is

Question 7 options:

a)$1,100,000

b)$800,000

c)$300,000

d)$500,000

SaveQuestion 8(1 point)

Question 8 options:

The NPV is ________________