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A new computer system will require an initial outlay of $23,000, but it will increase the firm's cash flows by $4.900 a year for each

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A new computer system will require an initial outlay of $23,000, but it will increase the firm's cash flows by $4.900 a year for each of the next 8 years. a. Calculate the NPV and decide if the system is worth installing if the required rate of return is 9% (Negative amount should be Indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is not complete. $ 4,120.61 Net present value Worth installing b. Calculate the NPV and decide if the system is worth installing if the required rate of return is 14%. (Negative amount should be Indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is not complete. S (269.57) Net prenent value Worth installing

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