Solar Winds Inc. has a solar plant project that has an initial investment of $500,000,...

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Accounting

Solar Winds Inc. has a solar plant project that has an initial investment of $500,000, the estimated life of the project is 10 years. Market expected rate of return is 9%.

Year Annual Profits
1 30,000
2 30,000
3 50,000
4 50,000
5 50,000
6 75,000
7 75,000
8 80,000
9 60,000
10 50,000

What is the NPV of this project?

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