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A company is considering the purchase of a piece of equipment that would cost $420,000 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 $420,000 and would last for 11 years. At the end of 11 years, the equipment would have a salvage value of $98,000. The equipment would provide annual cost savings of $91,000. The company requires a minimum pretax return of 17% on all investment projects (Ignore income taxes.) Required: Provide your Excel input and the final net present value amount you calculated. (If a varlable is not used in the calculation, Input a zero (0). Omit the "S" and "signs In your response.) Round your answer to the nearest dollar and use a minus sign for negative numbers. Excel Input: Rate Nper PMT PV $ FV $ Net Present Value (NPV) Required: Tnput 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 "S" and signs in your response) Round your answer to one decimal place and use o minus sign for negative numbers. Excel Input

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