Assume a discount rate of 2% per year and an investment of 100.000€. You expect to receive revenue of 20.000€ in the first year and 45.000€ in the second year. What is the approximate projected Net Present Value (NPV) of your investment at the end of year two?
A. -37.000 €
B. -35.000 €
C. -36.000 €
D. -34.000 €
Answer is B. Can someone please help explain how it was arrived at