Question: Please show the formula for ppmt and pmit for this question *** DO NOT USE EXCEL*** Startup is considering buying a $300,000 piece of equipment.

 Please show the formula for ppmt and pmit for this question

Please show the formula for ppmt and pmit for this question *** DO NOT USE EXCEL*** Startup is considering buying a $300,000 piece of equipment. If if purchases the couples) will take a loan for the entire amount: Ihe interest on the loan la 3%, and the loan will be repaid in 5 equal end of year payments. The startup estimates that the equipment would generate. a additional $160,000 of revenue each year. Al the end of S years, the equipment would have! salvage value of $20,000. The tax rate is 25%. Assuming a planning horizon of S years, chat the equipment is depreciated using MARS (3-year property lass), and that the medical practice unce an after-tax MARR of 7%. (a) compute the PW aud determine whether the startup should invest in the equipment. (b) re-compute the pw if there exists a 4% inflation/year. would you decision change

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