NPV and IRR The first two scenarios are independent. All cash flows are after-tax cash flows. The present value tables provided in Exhibit 198.1 and Exhibit 198.2 must be used to solve the following problems. Required: 1. Patz Corporation is considering the purchase of a computer-aided manufacturing system. The cash benefits will be $808,000 per year. The system costs $4,103,000 and will last nine years. Compute the NPV assuming a discount rate of 12 percent. Should the company buy the new system? Yes 2. Amy Wetzel has just invested $388,000 in a restaurant specializing in German food. She expects to receive $83,928 per year for the next six years. Her cost of capital is 7.60 percent. Compute the internal rate of return. Round your answers to whole percentage value (for example, 16% should be entered as "16" in the answer box). % Did Amy make a good decision? Yes 3. For each of the previous two requirements, choose the data analytic type that applies and explain why (descriptive, diagnostic, predictive, or prescriptive). Note: More than one analytic type might apply. See Exhibits 2.5 and 2.6, pp. 37, 40, for a brief review of data analytics. Predictive and Prescriptive: