I have a practice quiz question for a Financial Management class that I need help with. I have attached the file below, and as it says i, the document, detailed work is very important. Thank you in advance!

Fall 2016 FINE 3010 Quiz Name: 1. A project requires a $87,000 investment at time-period zero, then returns $30,000, $20,000, $10,000, $27,000, and $2400 annually for 5 years. [Show your detailed work] (a) Find NPV if the discount rate is 5%. NPV= (b) Find IRR IRR= (c) Find Profitability Index (Assume that the discount rate is the same) PI= (d) Find Payback Period PB= 2. A polisher costs $8,000 and will cost $12,000 a year to operate and maintain. If the discount rate is 10% and the polisher will last for 5 years, what is the equivalent annual cost of the tool? [Show your detailed work!!!!]