Question: You are considering a project which has $33,000set-up cost and produces revenue of $10,000 in year 1, $15000in year 2, and 12,000 in year 3.

You are considering a project which has $33,000set-up cost and produces revenue of $10,000 in year 1, $15000in year 2, and 12,000 in year 3. If the interest rate is .05 = 5%, then what is the net present value (NPV) of this project?

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