PW= Present Worth, FW= Future Worth, AW= Annual Worth, IRR=Internal Rate of Return. Please include a cash flow diagram and solve it with excel.

Your space within VTEPS, Inc., which is poorly insulated, is expecting heat loss through the exterior walls that will cost the company $4,000 next year. A local company is offering insulation that can reduce the heat loss by 80%, with an installation cost of $17,000 now. Your team expects to work in the facility for the next 10 years. If it is estimated that the cost of the heat loss increases by $300 per year, after next year, using an MARR 18%, find: PW FW AW RR