A compory is considering the purchase of ane of the follawing new pieces af equipment.

Either option carries with it a life of $9$ years and a minimum desired rate of return of $5\%.$

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 Microsuft Excel without use of the Present Value

tables.

intermediary calculations minimum precision: ten$-$thousandths place $(4$ decimal

plsces$)$