Question: Hi I need help learning the step by step solutions on solving these through excel. Please help!!! Market Top Investors, Inc., is considering the purchase

 Hi I need help learning the step by step solutions on

Hi I need help learning the step by step solutions on solving these through excel. Please help!!!

solving these through excel. Please help!!! Market Top Investors, Inc., is considering

Market Top Investors, Inc., is considering the purchase of a $340,000 computer with an economic life of five years. The computer will be fully depreciated over five years using the straight-line method, at which time it will be worth $72,000. The computer will replace two ofce employees whose combined annual salaries are $88,000. The machine will also immediately lower the firm's required net working capital by $77,000. This amount of net working capital will need to be replaced once the machine is sold. The corporate tax rate is 22 percent. The appropriate discount rate is 10 percent. Calculate the NPV of this project. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Is it worthwhile to buy the computer? No A Yes

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