Question: Question 1 Given the following data on a potential branch opening please calculate the answers and decide if the branch should be opened? Input Area:

Question 1 Given the following data on a potential branch opening please calculate the answers and decide if the branch should be opened? Input Area: Initial cost of banking facility Initial other organizing expenses Year 1 revenue Year 1 operating expense Annual growth rate in revenues Annual growth rate in expenses Required annual rate of return Life of Facility Years $3,400,000 $400,000 $400,000 $140,000 3.00% 2.00% 14.00% 20.00 Answer Area Enter your answer Present value of Revenues Present value of Expenses Net Present Value of new banking facility Should thid facility be opend No (enter O), Yes (enter 1)
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