PLEASE answer. I will give a good rate

Exercise 14-9 (Algo) Net Present Value Analysis and Simple Rate of Return [LO14-2, LO14-6] Derrick Iverson Is a divisional manager for Holston Company. His annual pay raises are largely determined by his division's return on Investment (ROI), which has been above 25% each of the last three years. Derrick is considering a capital budgeting project that would require a $5,160,000 investment in equipment with a useful Iffe of five years and no salvage value. Holston Company's discount rate is 18%. The project would provide net operating Income each year for five years as follows: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the approprlate discount factor(s) using tables. Required: 1. Compute the project's net present value. 2. Compute the project's simple rate of return. 3a. Would the company want Derrick to pursue this investment opportunity? 3b. Would Derrick be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. Compute the project's net present value. (Round your final answer to the nearest whole dollar amount.) Exercise 14-9 (Algo) Net Present Value Analysis and Simple Rate of Return [LO14-2, LO14-6] Derrick Iverson is a divisional manager for Holston Company. His annual pay raises are largely determined by his division's return on Investment (ROI), which has been above 25% each of the last three years. Derrick is considering a capital budgeting project that would require a $5,160,000 investment in equipment with a useful Iffe of five years and no salvage value. Holston Company's discount rate is 18%. The project would provide net operating income each year for five years as follows: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the approprlate discount factor(s) using tables. Required: 1. Compute the project's net present value. 2. Compute the project's simple rate of return. 3a. Would the company want Derrick to pursue this Investment opportunity? 3b. Would Derrick be Inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. Compute the project's simple rate of return. (Round your answer to 1 decimal place i.e. 0.123 should be considered as 12.3%. Exercise 14-9 (Algo) Net Present Value Analysis and Simple Rate of Return [LO14-2, LO14-6] Derrick Iverson is a divisional manager for Holston Company. HIs annual pay raises are largely determined by his division's return on Investment (ROI), which has been above 25% each of the last three years. Derrick is considering a capital budgeting project that would require a $5,160,000 investment in equipment with a useful Iffe of five years and no salvage value. Holston Company's discount rate is 18%. The project would provide net operating income each year for five years as follows: Click here to vlew Exhibit 14B-1 and to determine the approprlate discount factor(s) using tables. Requlred: 1. Compute the project's net present value. 2. Compute the project's simple rate of return. 3a. Would the company want Derrick to pursue this Investment opportunity? 3b. Would Derrick be Inclined to pursue this Investment opportunity? Complete this question by entering your answers in the tabs below. Would the company want Derrick to pursue this investment opportunity? Derrick Iverson is a divisional manager for Holston Company. His annual pay ralses are largely determined by his division's return on Investment (ROI), which has been above 25% each of the last three years. Derrick is considering a capital budgeting project that would require a $5,160,000 Investment in equipment with a useful IIfe of five years and no salvage value. Holston Company's discount rate is 18%. The project would provide net operating Income each year for five years as follows: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the approprlate discount factor(s) using tables. Required: 1. Compute the project's net present value. 2. Compute the project's simple rate of return. 3a. Would the company want Derrick to pursue this Investment opportunity? 3b. Would Derrick be Inclined to pursue this Investment opportunity? Complete this question by entering your answers in the tabs below. Would Derrick be inclined to pursue this investment opportunity