2. we are embarking on a health project Expenditure in the first 2 years is...

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2. we are embarking on a health project Expenditure in the first 2 years is $1.9m each. Expected return is pegged at 12.25%. Returns were flying in at 885k annually for the next 5 years beginning from the 4th year, by the 4th year also, another outflow of $2.3m was initiated. so much that in the 9th year we saw inflows of 1,550k annually for till year 15. show your working s 1. NET PRESENT VALUE 2. PAYBACK PERIOD

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