Question: A new computer system will require an initial outlay of $ 2 0 , 5 0 0 , but it will increase the firm s

A new computer system will require an initial outlay of $20,500,
but it will increase the firms cash flows by $4,100 a year for
each of the next 7 years. Calculate the NPV and decide if the
system is worth installing if the required rate of return is 15%.
(Negative amount should be indicated by a minus sign. Do not round
intermediate calculations. Round your answers to 2 decimal
places.)

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