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A small company purchased now for $23,000 will lose $1,200 each year for the first four years. An additional $8.000 invested in the company during

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A small company purchased now for $23,000 will lose $1,200 each year for the first four years. An additional $8.000 invested in the company during the fourth year and will result in a profit of $10,000 each year from the fifth year through the fifteenth year. At the end of 15 years the company can be sold for $33,000. 1. Determine the FW if MARR = 1096 2. Calculate the ERR when = = MARR = 1096 3. What is the simple payback period? FW is $ Blank 1 - Ex.12345.67 ERR is Blank 2 - Ex. 0.1234 Payback period is Blank 3 years show the cashflow diagram and the complete soln

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