2- ELI Co. is reviewing a new forklift that would allow them to increase productivity by $3,000 year 1, $4,000 year 2, $4,000 year 3, and $2,000 year 4. Their cost of capital is 9%. What is the most they should pay for the forklift?

3- If I invest in a retirement account with $20,000 today plus an additional $2400 per year for the next 20 years at an expected 8% return what will I have in my investment account at the end of the 20 years? Remember to negative cash outflows If return is 5% instead what will be the investment account total?

Please use excel. Thank you,