Question: Problem 3.4.7 Question Help A firm invests $120,000 today in a new project. The revenue from this project during the next 3 years is listed

 Problem 3.4.7 Question Help A firm invests $120,000 today in a

Problem 3.4.7 Question Help A firm invests $120,000 today in a new project. The revenue from this project during the next 3 years is listed in the table below. Work out the net present value if the interest rate is 8% compounded annually. End of year 1 2 3 Revenue ($) 60,000 90,000 90,000 NPV =$ (Round the final answer to two decimal places as needed. Round all intermediate values to two decimal places as needed.)

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