For x1= 105,000$, x2= 25%

I need full detailed written steps please do not use excel or any other tables

Question (3): The IPS company has installed a system to help reduce the number of defective products. The capital investment in the system is 33$X1, and the projected annual savings are tabled below. The system's market value at the EOY five is negligible, and the MARR is x2% per year. EOY Savings 1 25,000 2 30,000 3 35,000 4 40,000 5 46,000 a. What is the FW of this investment? Based on economical decision rule, is this a good investment? b. What is the IRR of the system? Based on economical decision rule, is this a good investment? c. What is the discounted payback period for this investment