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last please follow instructions and show work which will be the better financial option. Perform the necessary calculations using Microsoft Exce so that maximum precision

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which will be the better financial option. Perform the necessary calculations using Microsoft Exce so that maximum precision can be obtained. (Unless indicated otherwise, enter your answers rounded to the nearest whole dollar/input code: 0 ). Investment Option "North" This potential investment is a little more risky and longer term, so it has a minimum rate of return of 15.60%. This investment would require an initial outlay of cash to purchase a piece of equipment for $134,000, and at the end of the 8-year life of this invstment is expected to have a salvage value of $53,600. For each year of this investment, net annual cash inflows are expected to be $30,500

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