4. A company plans toinvests$15,000 in a project that will generate cash flows of 6,000, 4,000, and 3,000 during its three year useful life and a salvage value of $2,000. If the discount rate is 8%, what is the NPV for the project?5. A company plans toinvests$10,000 in a project that will generate cash flows of 6,000, 4,000, and 3,000 during its three-year useful life and a salvage value of $2,000. What is the IRR for the project?Can someone please show me how the exact way these steps were put in a calculator?

Question 4 Initial cost of investment 15,000 a b ab Less Discounted cash flows (8%): PV factor Discounted First year 6,000 (1+ 8%) ^-1 5,556 Second year 4,000 (1+ 8%) ^-2 3,429 Third year - cash inflow 3,000 (1+ 8%) ^-3 2,381 Third year - salvage value 2,000 (1+ 8%) ^-3 1,588 12,954 NET PRESENT VALUE 2,046 Question 5 Internal rate of return (IRR = 50% derived using goal seek function in excel (or use the find x fuction / your scientific calcul Note: IRR is the rate where the NPV is equal to zero. Hence, Initial cost of investment = discounted cash flows Goal seek: Alt + A + W +G x = IRR Initial cost of investment 10,000 a b ab Less Discounted cash flows (8%): PV factor Discounted First year 6,000 (1+ x) ^-1 4,000 Second year 4,000 (1+ X) ^-2 2,667 Third year - cash inflow 3,000 (1+ x) ^-B 2,000 Third year - salvage value 2,000 (1+ x) ^-3 1,333 10.000 NET PRESENT VALUE (0)