3. FOR THE FOLLOWING CASH FLOW COMPUTE: PW, AW, FW, IRR,ERR 4. Draw the cash flow. Solve the problem manually and using Excel $40,000 6,000 4,000 Investment Annual Revenues Annual Expenses ( Operating & Maintenance Cost) Additional Annual Revenues will increase by Geometric series beginning on year 1ST A1=$4000 increasing by f=5% until the 20th. Salvage Value at the end of 20th year. MARR 6% Equipment life 20th years Hint: For IRR use 20% $4,000