I need help finding the net present value. I am not sure what I am doing wrong.

OptiLux is considering investing in an automated manufacturing system. The system requires an initial investment of $6.0 million, has a 20year life, and will have zero salvage value. If the system is implemented, the company will save $820,000 per year in direct labor costs. The company requires a 12% return from its investments. 1. Compute the proposed investment's net present value. 2. Using your answer from part 1, is the investment's internal rate of return higher or lower than 12%? 9 Answer is complete but not entirelyr correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the proposed investment's net present value. Required 2 )