Question: Hi, Please help!! I'm looking for an EXCEL SHEET answer shown with excel formulas. PLease show all of your work. Thank you so much. Question

Hi, Please help!! I'm looking for an EXCEL SHEET answer shown with excel formulas. PLease show all of your work. Thank you so much.
Question A company is trying to project if it needs to undertake a new project for replacement of a CRM system. The current operating cost to maintain the old CRM system is 850K growing at a rate of 10% year over year for the next 5 years. If a new System is built, the current Salaries and Wages associated with NEW development is. Summary of development costs for RMO customer support system project Expense category Amount Salaries/wages $496.000.00 Equipment/installation $385,000.00 Training $78,000.00 Facilities $57,000.00 Utilities $152.000.00 Support staff $38,000.00 Travel/miscellaneous $112.000.00 Licenses $18.000.00 Total $1,336,000.00 The operating cost to maintain the new system is 250K year over year for the next 5 years. So if we consider a discount rate of 12%, financially, considering a NPV analysis, should the company engage in NEW CRM product developmet
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