Question: Please help solve problems 3 & 4 using the direction. Please do not worry about the excel part. Thank you Problem 3. How much can

Please help solve problems 3 & 4 using the direction. Please do not worry about the excel part. Thank you

Problem 3. How much can Haydon Rheosystems, Inc., afford to spend now on an energy management system if the software will save the company $21,300 per year for the next 5 years? Use an interest rate of 10% per year. Problem 4. Find the numerical value of the following factors using (a) interpolation, (b) the formula, and (c) a spreadsheet function. 1. (F/P,14%,62) 2. (A/F,1%,45) Directions: For each problem write out your knowns and unknowns, draw a cash flow diagram and solve the problem using the appropriate equation. Check you answers using the excel functions

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