Store managers believe that they need another coffee machine. They give you the following numbers. Your task is to see if the numbers translate into a positive net present value. The acceptable NPV must be greater than $$8,000$ over the ten year horizon. You should recommend to make the investment. True means invest and False means do not invest.

time cash flows discount rate

$0($$$30,000)15\%$

$1$ $$8,000$

$2$ $$8,000$

$3$ $$8,000$

$4$ $$8,000$

$5$ $$8,000$

$6$ $$8,000$

$7$ $$8,000$

$8$ $$8,000$

$9$ $$8,000$

$10$ $$8,000$

True

False