Using Excel and the following data, create a Cost$/$Benefit table similar to the one at the

bottom of the page. Note that there are $7$ years of data here vs$.5$ years in the table. You

will have to add the extra $2$ years to your table. There is also a different discount factor

for each year.

Calculate the net present value, the payback period, and the return on investment using a

discount rate of $3$ percent for the following systems development project. The

development costs for the system were $$1,020,000$