new Inv system will have developmental

costs of $35000. Its operating costs are $2000

each year. The benefits are $20,000 for the

first year, $45,000 for the second and $55,000

for each remaining years. The life of the

system is 5 years. The discount rate is

4%. .96 .92 .89. .85 .82

Create the cost/benefit spreadsheet as done in

class and calculate the NPV, ROI and

payback period.