Christina hopes to open a deli in 2015 the initial, Financial Management

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Christina hopes to open a deli in 2015 the initial

Christina hopes to open a Deli in 2015. The initial investment will be $85,000. She expects that that the Deli will generate the positive cash flow as indicated below. If she can borrow money at 7% per year, what will be the Net Present Value? Use 7% as the discount rate. Year Cash Flow 2016 $22,000 2017 $24,000 2018 $29,000 2019 $30,000 2020 $31,000 2021 $27,000 2022 $22,000 2023 $15,000 2024 $12,000.

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