Firm W has the opportunity to invest $$220,000$ in a new venture. The projected cash flows from the

venture are as follows. Use Appendix A and Appendix B$.$

Required:

a$1.$ Complete the below table to calculate NPV$.$ Assume Firm W uses a $6$ percent discount rate.

a$2.$ Should Firm W make the investment?

b$1.$ Complete the below table to calculate NPV$.$ Assume Firm W uses a $3$ percent discount rate.

b$2.$ Should Firm W make the investment?

Complete this question by entering your answers in the tabs below.

Req A$1$

Req A$2$

Complete the below table to calculate NPV$.$ Assume Firm W uses a $6$ percent discount rate.

Note: Cash outflows and negative amount should be indicated by a minus sign. Round discount factor$($s$)$ to $3$