Requirements

a$.$ What is the net present value, assuming a required rate of return of $8\%?$

b$.$ Should the machine be purchased?

View the present value of $$1$ factor table.

View the present value of ordinary annuity of $$1$ factor table.

Requirement $a.$ What is the net present value, assuming a required rate of return of $8\%?$

$\backslash$table$[[,\backslash$table$[[$Annual net$],[$cash flow$]],\backslash$table$[[$Present value$],[$factor$]]],[$Year $0,\backslash$table$[[$Net present$],[$value$]],],[$Year $1,,],[$Year $2,,],[$Year $3,,],[$Year $4,,]]$