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Calculate the NPV for each of the solutions recommended for Vimo Live Streaming company, using an interest rate of 4%. For solution 1, the following
Calculate the NPV for each of the solutions recommended for Vimo Live Streaming company, using an interest rate of 4%. For solution 1, the following costs have been identified: Web Application $4,000 Server $6,000 Consultation and training $2,000 Data entry $1,000 Recurring costs: Starting from year1 Annual license fee for software $400 Consumables per annurn $500 For solution 2, the following costs have been identified: Server $6,000 Web Application with database $1,000 Development and testing $8,000 Consultation and training $2,000 Data entry $1,000 Recurring costs: Starting from year1 Consumables per annum $500 Calculate the NPV for years 0 to 4 for the above two proposed solutions. Both solutions give annual benefit of $7,000 Starting from year 1 Upload your spreadsheet file with a screen capture of the solution. Write a paragraph explaining which solutions would you recommend investing based on your financial analysis
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