Can you help solve and finish question 2, compute the present value of the future cash flows to get the New Present Value. Questions 3, 4 and 5. I need to know the answers in an excel formula.

Laurman, Inc. is considering the following project:
Required investment in equipment	$2,205,000.00
Project Life	7
Salvage Value	225,000.00
The project would provide net operting income each year as follows:
Sales	$2,750,000.00
Variable Expenses	1,600,000.00
Contribution Margin	$1,150,000.00
Fixed Expenses
Salaries, rent and other fixed out of pocket cots	$520,000.00
Depreciation	350,000.00
Total Fixed Expenses	870,000.00
Net operating income	$280,000.00
Company discount rate	18%
1. Compute the annual net cash inflow from the project	$630,000.00
2. Complete the table to compute the net present value of the investment.
Year(s)
Now	1-7	7
Initial Investment	-$2,205,000.00
Annual cost savings	$630,000.00
Salvage value of the new machine			225,000.00
total cash flows	-$2,205,000.00	$630,000.00	$225,000.00
Discount factor	1.00	3.182	0.314
Present value of the cash flows	-$2,205,000.00	$2,401,262.38	$70,633.13
Net Present Value	$266,895.51
Use Excel's PV function to compute the present value of the future cash flows
Dedute the cost of the investment
Net Present Value
3. Use Excel's RATE function to compute the project's internal rate of return
4. Compute the project's payback period
5. Compute the project's simple rate of return

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