The St$.$ Louis to Seattle Railroad is considering acquiring equipment at a cost of $$3,600,000.$ The equipment has an estimated life of $8$ years and no residual value. It is expected to provide yearly net cash flows of $$750,000.$ The company's minimum desired rate of return for net present value analysis is $12\%.$

Present Value of an Annuity of $$1$ at Compound Interest

$\backslash$table$[[$Year$,6\%,10\%,12\%,15\%,20\%$