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Is there a way to use excel to solve? Sunland Mills management is evaluating two alternative heating systems. Costs and projected energy savings are given

image text in transcribed Is there a way to use excel to solve?

Sunland Mills management is evaluating two alternative heating systems. Costs and projected energy savings are given in the following table. The firm uses 11.5 percent to discount such project cash flows. Year System 100 -$2,334,100 279,710 398,330 616,340 912,600 System 200 $1,847.200 869,100 474,200 650,500 428.200 What is the NPV of the systems? (Enter negative amounts using negative sign, eg. 45.25. Do not round discount factors and intermediate calculations. Round final answers to decimal places, eg 5,275.) 727764 NPV of system 100 is $ NPV of system 200 is $ 60002 Which system should be chosen? Sunland should choose System 200

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