Question: Table 1 -- discount rate is 7% 0 3 3 8,200 12,800 Item Cost displacement Hardware cost License fee Maintenance fee Performance enhancement Risk reduction

 Table 1 -- discount rate is 7% 0 3 3 8,200

Table 1 -- discount rate is 7% 0 3 3 8,200 12,800 Item Cost displacement Hardware cost License fee Maintenance fee Performance enhancement Risk reduction Software cost Staff training Year 1 2 8,200 8,200 5,000 1,200 1,200 800 800 11,700 8,000 4,000 4,000 1,200 800 3,500 4,000 7,500 4,300 1,000 1,000 1,000 Based on table 1, calculate the NPV in terms of dollars

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