A company is considering the purchase of a new piece of

equipment for $$151300$ on January $1$ of the current year. The

equipment is expected to have a $6-$year life and will operate for

$1350$ hours per year. The purchase of this equipment is expected

to generate revenues of $$24\mathrm{.}96$ per hour during the life of the

equipment. The minimum desired rate of return is $7\%.$

Answer the questions below, considering the cash inflows should

be indicated as positive values and cash outflows should be

indicated as negative values. The company would like these

calculations to be performed in Microsoft Excel without use of the

Present Value tables.

intermediary calculations minimum precision: ten$-$

thousandths place $(4$ decimal places$)$