Question: Please clearly show how to solve the problem. Unanswered Question 3 0/1 pts A firm is considering purchasing a computer system. The following data has

Please clearly show how to solve the problem.
Unanswered Question 3 0/1 pts "A firm is considering purchasing a computer system. The following data has been collected. - Cost of the system: $111,000 - Project life: 6 years - Salvage value at the end of year 6: $15,000 - Depreciation method: five-year MACRS - Tax rate: 21% - Annual revenue from project: $104,000 - Annual expenses (not including depreciation): $82,000 The firm will borrow the entire $111,000 at 8.1% interest to be repaid in 2 annual payments. The firm's MARR is 18%. Determine the IRR for the computer system. Enter your answer as a percentage rounded to the nearest tenth of a percent." You Answered Correct Answers 7 (with margin: 0.1) Unanswered Question 3 0/1 pts "A firm is considering purchasing a computer system. The following data has been collected. - Cost of the system: $111,000 - Project life: 6 years - Salvage value at the end of year 6: $15,000 - Depreciation method: five-year MACRS - Tax rate: 21% - Annual revenue from project: $104,000 - Annual expenses (not including depreciation): $82,000 The firm will borrow the entire $111,000 at 8.1% interest to be repaid in 2 annual payments. The firm's MARR is 18%. Determine the IRR for the computer system. Enter your answer as a percentage rounded to the nearest tenth of a percent." You Answered Correct Answers 7 (with margin: 0.1)
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