Question: Excel spreadsheet is required. Thanks for helping me out! FX, Inc. is a volume manufacturer of high technology automotive mirrors (including cell link and voice

Excel spreadsheet is required. Thanks for helping me out! FX, Inc. isExcel spreadsheet is required. Thanks for helping me out!

FX, Inc. is a volume manufacturer of high technology automotive mirrors (including cell link and voice activation). FX is looking to expand its operations to add a second product. The equipment investment cost for this new operation is $125,000. The project falls under a 7-year MACRS class life and the company estimates that the salvage value will be $50,000 at the end of the 5-year project. The annual revenue for the new line is $100,000. The annual manufacturing costs are listed below: Labor: $20,000 Materials: $12,000 Maintenance: $8,000 The income tax rate is 40% and the MARR is 15%. Excel Questions: Find the interest rate when the company will give up the option to borrow fund$(125000 for 6 years). The income tax rate is 40% and the MARR is 15%

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