PLEASE DO IT ON EXCEL. THANK YOU

5 You are asked to approve or deny a request to purchase a new printer which costs 34,000 now but will increase efficiency and save $7500 cash/year for the next 6 years and can be sold after 6 years for $2,000. The discount rate is 12% Approve Deny (show why using Net Present Value) 6 In number 5, above, what would be the cash payback period. Round to one decimal point