Perform a financial analysis for a project using the format provided in the class. Assume the projected costs and benefits for this project are spread over 5 years as follows: Estimated costs are $8,000 in year 1 and 1000 each in Year 2, 3, 4 and 5. Estimated benefits are $0 in Year 1, and 4,000 each in Years 2, 3, 4, and 5. Use a 8 percent discount rate, and round the discount factors to two decimal places.
The workings have been attached, since no initial investment was mentioned, the solution has ignored an initial investment and have demonstrated the present values of net benefits for the said project.