I really need help with this question. Please show all work and write neatly. Please don't use excel so, I can see the formulas.

-Thanks

A major equipment purchase is being considered by Metropolis the Whee. The initial cost is determined to be $1,000,000. It is estimated that this new equipment will save $100,000 the first year and increase gradually by $50,000 every year for the next 6 years. MARR=10% 9. (5points) Calculate the payback period for the equipment purchase by Metropolis the Whee. 10. (5points) What is the B/C ratio for this investment? 11. (5points) Draw the cashflow and solve for the NFW of this investment. A major equipment purchase is being considered by Metropolis the Whee. The initial cost is determined to be $1,000,000. It is estimated that this new equipment will save $100,000 the first year and increase gradually by $50,000 every year for the next 6 years. MARR=10% 9. (5points) Calculate the payback period for the equipment purchase by Metropolis the Whee. 10. (5points) What is the B/C ratio for this investment? 11. (5points) Draw the cashflow and solve for the NFW of this investment