ork: NPV Assignment X Question 6 - Homework: NPV As: X + V X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmgh... 2 X _ / * 10 : Homework: NPV Assignment Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 6 A new computer system will require an initial outlay of $21,500, but it will increase the firm's cash flows by $4,600 a year for each of the next 8 years. 1.44 a. Calculate the NPV and decide if the system is worth installing if the required rate of return is 9%. (Negative amount should be points indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete and correct. Net present value $ 3,960.17 Worth installing Yes b. Calculate the NPV and decide if the system is worth installing if the required rate of return is 14%. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) & Answer is not complete