(End of Year) (1) <25,000> (2) <30,000> (3) <29,000> (4) <39,000> (5) <45,000>

The International Parcel Service has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is $65,000 ,and the projected annual savings are tabled below. The system's market value at the EOY five is negligible, and the MARR is 18 % per year.

a. What is the FW of this investment?

b. What is the IRR of the system?

c. What is the discounted payback period for this investment?

a. The FW of this investment is ---------(Round to the nearest dollar.)

b. The IRR of the system is -------------- (Round to one decimal place.)

c. The discounted payback period for this investment is --------------(Round to the nearest whole number.)