Marian Plunket owns her own business and is considering an investment. If she undertakes the​ investment, it will pay $16,000 at the end of each of the next 3 years. The opportunity requires an initial investment of $4,000 plus an additional investment at the end of the second year of $20,000. What is the NPV of this opportunity if the interest rate is 3% per​ year? Should Marian take​ it? The NPV of this opportunity is  $____  (Round to the nearest​ dollar.)

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Marian Plunket owns her own business and is considering an investment. If she undertakes the​ investment, it will pay $16,000 at the end of each of the next 3 years. The opportunity requires an initial investment of $4,000 plus an additional investment at the end of the second year of $20,000. What is the NPV of this opportunity if the interest rate is 3% per​ year? Should Marian take​ it? The NPV of this opportunity is  $____  (Round to the nearest​ dollar.)

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