Please help me with this problem

Directors of Holland Lid are considering the purchase of a new machine The machine will cost $210 000 There will be net cash inflows in each of the three years of: Year 1: $80 000, Year 2: $90 000 and Year :3 $69 000 The machine is thought to have a residual value of $40 000 at the end of year 3 The required rate of return (RRR) is 12% Discount Rate (r) Period 6% 8% 10% 12% 14% 16% 18% 20% 0 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 0.890 0.857 0.826 0.797 0.769 0.743 0.718 0.694 3 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 4 0.792 0.735 0.683 0.636 0.592 0.562 0.516 0.482Calculate the Accounting Rate of Return (ARR) Show each of the 5 steps of your calculations and state the decision rule. 2 3 14 Decision rule: Calculate the total Payback period (PP) including the balance for each year and state the decision rule. Calculate the Net present value (NPV) using the RRR provided and state the decision rule. Year Discount rate $ Cash inflow $ NPV Decision rule