Referring to the Laptop Leasing Project, Tom has made the following costs and benefits estimation for the project: One $-$ time Costs: Hardware

$300$ laptop computers at $$6,000$ each Software $-$ Basic office software at $$1,200$ per laptop On $-$ going costs: Hardware maintenance $-8\%$ of

purchase cost of laptop per year Benefits: Savings due to reduced usage of computer lab $$200,000$ per year Increased no$.$ of students $-$ $

$500,000$ per year Assume that the discount rate is $8\%,$ and the projection is for $5$ years. Calculate the NPV$,$ ROI and Payback Period for this

project using Excel $($or use form$).$