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2. A new computer sensor can help monitor motor grader engine temperature remotely. A construction company estimates the cost of the new sensor system is

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2. A new computer sensor can help monitor motor grader engine temperature remotely. A construction company estimates the cost of the new sensor system is $100,000 for the fleet. The forecast savings is $5,000 per quarter and the company has a MARR of 1.5% per quarter. a. Write the NPV equation for the problem b. Using a financial calculator, determine how long will it take to for the computer motor sensor investment to recoup its investment at the given MARR

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