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A company is considering the purchase of a piece of equipment that would cost $380,000 and would last for 11 years. At the end of

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A company is considering the purchase of a piece of equipment that would cost $380,000 and would last for 11 years. At the end of 11 years, the equipment would have a salvage value of $93,500. The equipment would provide annual cost savings of $88,000. The company requires a minimum pretax return of 16% on all investment projects. (Ignore income taxes.) Required: Provide your Excel input and the final net present value amount you calculated. (If a variable is not used in the calculation, input a zero (0). Omit the "$" and "%" signs in your response.) Round your answer to the nearest dollar and use a minus sign for negative numbers. Excel input: Rate Nper Net Present Value (NPV) Required: Input the required variables and the computed internal rate of return. (If a variable is not used in the calculation, input a zero (0) Omit the "$" and "%" signs in your response.) Round your answer to one decimal place and use a minus sign for negative numbers. Excel input: Nper PMT 502 PV Net Present Value (NPV) Required: Input the required variables and the computed internal rate of return. (If a variable is not used in the calculation, Input a zero (O). Omit the "S" and "%" signs in your response.) Round your answer to one decimal place and use a minus sign for negative numbers. Excel Input: Rate Nper $ PMT PVC FV Internal Rate of Return (IRR)

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