an engineering project has been proposed to increase income for a telecommunications company. this project requires an immediate investment of $1,500,000. revenues from this project are expected to be a constant $800,000 per year beginning one year after the investment is made throughout the life of the project. expenses are projected to be $200,000 for the first year and then increase by 10% each year thereafter until the project is concluded. the study period is 13 years and the company uses a marr of 15%. use any method to determine if this project is profitable. what recommendation will you make to your boss? document your reasoning.
